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


To: Rocket Red who wrote (1478)12/9/1998 12:53:00 AM
From: Steven Lolas  Read Replies (1) | Respond to of 3282
 
Red, this is great news for ARP shareholders,but remember nobody plays hardball like Barrick,they stole AQP a few years ago,doubled or tripled the orebody and will produce at under a $100 an ounce. Barrick after looking at Bre-X core stayed quiet,they knew there was no gold there.Barrick with their interests on this property has already valued it at $750 million Canadian,if they pull their bid will Newmont match,unlikely,Barrick has the upper hand and will grind it out until they get what they want,but $5.50 to $7 isn't chicken feed. Good Luck Steven Lolas



To: Rocket Red who wrote (1478)12/9/1998 12:56:00 AM
From: c.r. earle  Read Replies (1) | Respond to of 3282
 
Everyone,

I would like to congratulate all of you that are in ARP, it really is nice to see guys and gals finally make some money in this damn market the good old fashion way, buy,....hold,....wait for a buyout. It does not happen too often, but damn it has been a long time coming. Way to go everyone!!!

I do not think there is any doubt that there is a mine. ABX did the exact same thing with AQP, many analyst were saying they were deluded in bidding for and paying $30 for AQP, history has shown us who the deluded group was. ABX is very shrewd, I would take the position that they know exactly what the potential is and are very impressed.

And I do not normally respond in this manner, but I will allow some adolescent emotions to escape,....Heh Elizabeth, how does it feel to be some damn wrong!!!

Regards