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Gold/Mining/Energy : ARP - V Argentina Gold -- Ignore unavailable to you. Want to Upgrade?


To: Steelguy who wrote (854)10/30/1998 9:30:00 AM
From: Jim P  Read Replies (1) | Respond to of 3282
 
Globe says Yorkton's Leishman calls results very robust

Argentina Gold Corp ARP
Shares issued 33,113,389 Oct 29 close $3.47
Fri 30 Oct 98 In the News
The Globe and Mail reports in its Friday edition that shares of Argentina
Gold rose $1.07 to $3.47 on the Vancouver Stock Exchange on Thursday.
Enthusiastic reaction to drill results from a Latin American gold play sent
Argentina's stock soaring on Thursday as speculators sensed a rare trading
opportunity. The Vancouver-based junior, owned 12 per cent by Swiss-based
promoter Adolf Lundin, is exploring along the fabled El Indio gold belt in
Argentina's Andes mountains with partner Barrick Gold. Partial results from
the 560,000-hectare Veladero gold concession ignited the stock. Speculators
were reacting to drill results from a single drill hole, which returned an
111-metre rock intersection containing an average of 2.78 grams of gold and
23.12 grams of silver per tonne. Yorkton Securities analyst Doug Leishman
says the grades and distribution of mineralization in the drill core look
very robust.
(c) Copyright 1998 Canjex Publishing Ltd. canada-stockwatch.com