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

To: Elizabeth Andrews who wrote (1014)11/4/1998 6:27:00 AM
From: Check  Read Replies (1) | Respond to of 3282
 
I agree with you completely on everything except the shorting bit. Somebody else said it here before - too dangerous. Another good hole like 80, e.g. 85, could send the stock to its previous highs. Given that we are not even half way through the summer drilling program and that the overburden, grade, continuity and thickness look much better than on the Federico, I would say the risk reward ratio isn't worth it.



To: Elizabeth Andrews who wrote (1014)11/4/1998 1:36:00 PM
From: Leigh McBain  Read Replies (1) | Respond to of 3282
 
Elizabeth, I have to agree that the suggested average gram/ton value looks like it may be a bit high, but keep in mind that "the Chief" was referring to gold equivalence, so he may not wind up being that far off. I guess we'll have to wait and see.

Salut,
Leigh McBain


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