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


To: Enigma who wrote (1878)1/8/1999 11:46:00 AM
From: C Bunka  Read Replies (1) | Respond to of 3282
 
RE: "I suspect a lot of people who posted earlier are out"

I agree. Many of SI's participants are short term traders. Good for them if they made a buck - whether long or short.

FWIW I still have 70% of the stock I held in September. Only made one sale in Mid-December.

It's a crap shoot now. Floor at $4.00 will be removed if Barrick's bid fails. Opens the door to renewed hostile bid by Barrick at $5.50, or bid for Veladero only by another suitor, paid for in stock, and allowing ARP to continue to operate as its own company with still-extensive land holdings.

It is ridiculous to think that Barrick, after offering the Lundin's $5.50, will not offer the public the same. Barrick is just trying to make people nervous with the $4.00 bid.

Where is the news release regarding drill results this week? Does a delayed release signify lousy results?