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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG -- Ignore unavailable to you. Want to Upgrade?

To: trilobyte who wrote (322)	1/7/1999 3:40:00 PM
From: William Peavey	Read Replies (1) \| Respond to of 48092

All: Argentina Gold Hopes for Newmont Bid Before Jan. 9, Paper Says Toronto, Jan. 2 (Bloomberg) -- Argentina Gold Corp. is hoping Newmont Mining Corp. will make a friendly bid for the Vancouver, British Columbia-based exploration company to counter a hostile C$4-a-share bid from Toronto-based Barrick Gold Corp., the National Post reported. Bill Rand, chairman of Argentina Gold's independent committee of directors formed to study Barrick's offer, hopes to get an answer from Denver-based Newmont before Jan. 9. Rand said Argentina has signed confidentiality agreements with Newmont and three other mining companies, the paper said. Barrick, North America's second-largest gold producer behind Newmont, on Dec. 9 made a hostile offer of C$4 a share for the 90.1 percent of Argentina it didn't already own, after a higher offer of C$5.50, contingent on insider support, broke down. (NP 1/2 D3 online edition: www.nationalpost.com) 13:28:31 01/02/1999 Any redistribution of Bloomberg content, including by framing or similar means, is expressly prohibited without the prior written consent of Bloomberg L.P. Any reference to the material must be properly attributed to Bloomberg News. The information herein was obtained from sources which Bloomberg L.P. and its suppliers believe reliable, but they do not guarantee its accuracy. Neither the information, nor any opinion expressed, constitutes a solicitation of the purchase or sale of any securities or commodities.(C) Copyright 1999 Bloomberg L.P. BLOOMBERG, Bloomberg News, Bloomberg Financial Markets, Bloomberg Television, Bloomberg News Radio are trademarks, tradenames and service marks of Bloomberg L.P. Bill Peavey