Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: David R. Schaller who wrote (1915)	1/13/1999 8:10:00 PM
From: tanoose	Respond to of 3282

Hello David; Thanks for the news release and update, my news feeds must be a little asleep to-night?? Going to have to call Shirl's, have to clarify a previous question I posted to-day regarding takeovers and once declaring the intent. With regards,Frank

To: David R. Schaller who wrote (1915)	1/13/1999 8:20:00 PM
From: LABMAN	Respond to of 3282

DAVID Thanks for the post, It will be interesting to see how the mkt reacts tommorrow. lm

To: David R. Schaller who wrote (1915)	1/13/1999 9:28:00 PM
From: Mr. Oil	Respond to of 3282

Thanks David for the NR posted. Exerpt! >>Hole 100 Opens Up New Target 600 M. North Of The 2.3 Million Ounce Gold Resource Found at Amable Target. Hole 98 enlarges high grade section of Filo Federico to the west and significantly enlarges ore resource. << I like the sound of this. This will add a little weight to ARP management position that $4.00 is inadequate. They may not have even found 1/4 of the gold that is there. Again from the NR. >>Hole 100, collared 600 metres north of the Amable target, returned (partial results) 80 metres of 1.15 grams per tonne gold and 11.8 grams per tonne silver, including 33 metres of 1.7 grams per tonne gold and 12 grams per tonne silver. This new target opens up the entire eastern flank of the Filo Federico and Cerro Pelado diatreme systems indicating the possibility of continued gold mineralization over a north-south distance of 2 kilometres. << What would the size of the resource be if it continued for over 2 kilometres. Some body help me here. It would be a lot of gold!!! Could it be 10,000,000 oz or more? Barrick may have to pay much more to get this deposit. There is no doubt that Barrick thinks they have much more than what is known. They want ARP before the whole drilling is completed. They have seen enough to warrant having it. They have extended their offer and are hoping that no one else will come through with another. Who wouldn't but as this resource becomes known the tonnage continues to rise. So should the price. But they don't want to pay more til they have to. I have no doubt that if the Lundins succeed in getting another offer Barrick will make their offer better. Maybe no big run tomorrow but I doubt it will close under $5.00. A few people are getting shaken out because if exploration stocks don't go up they go down. People get worried and don't really trust management. I think the Lundins though are really doing a good job and should be commended for defending the value of this company and their shareholders. I am looking forward to seeing the final chapter. The best thing that could happen is for the share value to run to new highs. Barrick would have to stop stalling and up the bid. I want $10.00 for mine today but with more drilling being done I may decide to hold out for ...??? Ray