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


To: waldo who wrote (1122)11/5/1998 5:00:00 PM
From: Enigma  Read Replies (1) | Respond to of 3282
 
Waldo - well, obviously ARP are in the driver's seat now - but I'm talking about the point (if this is a go) when major $$ are needed for development. If ARP tries to come up with its share through financing it will have huge dilution and would most likely lose control of the company - so the most likely scenario would be for a major to take over ARP. So if the two most likely contenders are ABX and NEM won't the former have the advantage with a mill nearby. If ABX takes over ARP it would have 100% of the orebody and a mill close by. If NEM does it will have only 60 % and no mill. Am I missing something? E