SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : ARP - V Argentina Gold -- Ignore unavailable to you. Want to Upgrade?


To: Claude Cormier who wrote (1657)12/13/1998 9:43:00 PM
From: Enigma  Read Replies (1) | Respond to of 3282
 
They may have made the $4 fallback offer as a rather crude form of hardball , to unnerve the other side - and ARP then felt obliged to protect themselves by focusing on the $5.50 offer, which Barrick has not denied.. This is the first post Bob Smith negotiation (even though he was not actively involved any more) and one wonders if Peter Munk is paying as much attention as before. E