Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Robert who wrote (886)	10/30/1998 2:42:00 PM
From: Elizabeth Andrews	Read Replies (2) \| Respond to of 3282

I'm not arguing that fact that ARP is on to a large gold bearing system. It's early.

To: Robert who wrote (886)	10/30/1998 5:26:00 PM
From: Claude Cormier	Read Replies (2) \| Respond to of 3282

<<However, trading Juniors is about discipline, and not getting carried away>> You never said so true Robert. But you know how difficult it is. Taking profits has always been the hardest decision to take for novice speculators and investors. It shouldn't be!! Cause it is the only way to make real money in the end. Those who constantly shoot for the stars end up poorer. As for Argentina Gold, who can blame the shooters for holding on and buying more at these prices...the next hole could propel the stock even higher. For sure, the higher the stock goes, the lower are the odds that this will happen. A few things investors that are dreaming of the next Arequipa are forgetting..Arequipa was 3 years ago..when gold prices were much higher. The market mood was very different than it is today. The paremeters at Arequipa were so that Barrick could afford to pay the big premium, knowing that production costs would be in the $50-$75 range. But I seriously doubt we have a similar situation here. So if $1 Billions made sense for AQP several years ago, $200-$300M may already be far out for Argentina today..assuming they reach the same number of ounces. Time will tell where this one goes... CC