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


To: Claude Cormier who wrote (1623)12/12/1998 8:54:00 PM
From: Mr. Oil  Read Replies (2) | Respond to of 3282
 
If I don't make any additional gain that won't bother me too much. The fact is I am safely speculating that there is an outside chance that it could be more than 15 to 20% simply by ARP identifying a larger resource that is expected or a competing bid for ARP may drive Barrick to up the anti simply because they have close proximity resources and Valderado would be very cheap even if they pay a 20 to 30% premium on what it would normally cost. The action of Barrick seems to indicate that they are interested to get ARP and intrench their holdings in Argentina as the largest producer. Time will tell but suffice to say that I think ARP at 5.30 is a safe investment.

Ray



To: Claude Cormier who wrote (1623)12/13/1998 1:29:00 AM
From: LABMAN  Read Replies (1) | Respond to of 3282
 
Claude

do no forget that the Amable target has a resource of 2.4 million
oz of gold and 75 million oz of silver
and that doesn't include results from valedero or from other properties.

Claude there is gold in those hills....gold in those hills
and the big boys are coming to town to seek the hand of missy argentina .
Briefing to analysts and shareholdewrs tomorrow in toronto at 4'oclock
King edward hotel.
I suspect very intense negogiations are taking place this weekend
I would not be surprized if there is another meeting with ABX
THIS WEEKEND.
WE should know more by tuesday morning.. thats my guess

LM