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: Check who wrote (1011)	11/4/1998 12:27:00 AM
From: VBroady	Read Replies (2) \| Respond to of 3282

ARP people, I've got a question about ARP vs/comparison to IDCN. Not here to hype IDCN -- the IDCN thread people just aren't answering my question. I think they took the night off. How important are preliminary assays -- surface?? sampling/ short drilling results vs. the fancy-dancy 300-meter real stuff?? I'm really not up to speed with the mining jargon -- can you tell?? IDCN's preliminary assays before actual hard-core drilling are 15x better than ARP's, is this just inconclusive/meaningless? Or is IDCN really underpriced, "pre-drilling" at 1/32? 2.78 AU grams per ton vs. 62 AU grams per ton, if I'm reading the report right. By the way, congrats to all the ARP holders who made some good $$. VB

To: Check who wrote (1011)	11/4/1998 12:31:00 AM
From: Elizabeth Andrews	Read Replies (2) \| Respond to of 3282

I think the argument is about how to calculate volume and tonnage. The actual dimensions, are, I believe, not material as the formula for volume is a well established formula and certain rocks have known densities. I don't even think that the deposit is there in anywhere near the volume (thickness or strike or width) that the Chief is quoting. I also believe that the average grams per tonne he is using is also too high. I'm short the stock at an average price of $3. Today's trading made me worry a bit, until the last hour. What are you expecting on the upside?