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To: Zardoz who wrote (24975)12/27/1998 11:25:00 PM
From: Enigma  Read Replies (1) | Respond to of 116796
 
Hutch - you credit (or discredit ) me with many things which I have never said. It doesn't matter who it is - I always find comments such as 'gold is going to $275' or 'there will be list of Central Bank sales in December' . My first reactions is 'how do you know this' If you knew some of these things for sure you would make millions upon millions. I would find it more credible if you said 'it looks as if........', or 'the xyz chart indicates that' The older one gets the more one knows how little one really knows. Trite but true - IMHO of course. E

BTW, as you could have seen from my post I tend to agree with the opinion of the PDG CEO, thanks for bringing it to my attention. I do understand that you are often expressing an opinion - but the opinion is only that, and your's at that - for example you keep saying that gold is not a store of value - well it is - it may not appear so in an era of an inflated dollar - but nevertheless it has intrinsic value related to its weight aaand purity - it is portable and can be cashed in for local currency. A dollar bill has no instrisic value related to itself - it is just a worthless piece of paper - it is however an IOU and to that extent has value - just like a cheque. You seem to keep missing the point about gold - that it has value in of itself.



To: Zardoz who wrote (24975)12/28/1998 9:43:00 PM
From: goldsnow  Respond to of 116796
 
Argentina Gold Update
06:39 p.m Dec 28, 1998 Eastern

VANCOUVER, BRITISH
COLUMBIA--(BUSINESS WIRE)--Dec. 28,
1998-- Argentina Gold(VSE:ARP.) Argentina Gold
Corp. ("Argentina Gold") announced today that its
Board of Directors has advised shareholders of
Argentina Gold, in its Directors' Circular mailed to
shareholders today, not to tender their common
shares to the offer by BGC Acquisition Inc., a
wholly-owned subsidiary of Barrick Gold
Corporation, to purchase all of the outstanding
common shares of Argentina Gold at the price of
$4.00 in cash per share or to complete any letter of
transmittal or notice of guaranteed delivery in respect
of the offer until further communication is received by
the shareholders from the Board of Directors. Such
further communication will be sent to shareholders on
or before January 2, 1999.

In connection with its assessment of the fairness of the
offer, the Board of Directors has retained Loewen,
Ondaatje, McCutcheon Limited ("LOM") to provide
an opinion as to the fairness of the offer, from a
financial point of view, to the shareholders of
Argentina Gold. The Board of Directors expects to
be in receipt of LOM's opinion on or before
December 31, 1998. In addition, the Board of
Directors is continuing with its discussions with other
potential interested parties in an attempt to attract a
superior proposal. In light of the foregoing, the Board
of Directors has determined that it is not appropriate
at this time to make any recommendation to
shareholders of Argentina Gold concerning
acceptance or rejection of the offer. ON BEHALF
OF THE BOARD J. Patricio Jones, President

The Vancouver Stock Exchange has not reviewed
and does not accept responsibility for the adequacy
or accuracy of this release.

Copyright 1998, Business Wire