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


To: Claude Cormier who wrote (1522)12/9/1998 12:04:00 PM
From: E. Charters  Read Replies (3) | Respond to of 3282
 
Undignified Posting, Gloating Department, Yes I am frequently wrong, but...

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The Canadian Mining Newsletter
Nov 4 1998 <----Note Date
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Gold Packers Inernational, hoopla dooplah department: These guys just keep comin at yah. Gold? They got it. How much do you want? One thing is beginning to become clear. Unless they are drilling very accurately down some very skinny veins, NW Argentina is becoming the place to explore these days. Fact: 80 metres thick of Gold at 3.1 grams starting at 50 metres in depth has to be mineable no matter what. I think they are on their way to finding a very large orebody, perhaps one of historical consequence, as Argentina is not known to be a foremost gold supplier and South America in general has not produced large mines such as we have found in North America. This appears to be changing. It seems that finding gold is a function of the money available to explore in some cases.

220 metres of 1.7 grams is 721 feet thick of .05 gold. The Dome Super pit runs .055. But Argentina's gold her is a gold equivalent with the high silver of a tenth of an ounce. They may find many millions of ounces here.

I think the stock will rise still.

EC<:-}

mailto:echarter@vianet.on.ca

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