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

To: Enigma who wrote (1937)	1/14/1999 8:58:00 PM
From: Silver Super Bull	Read Replies (1) \| Respond to of 3282

I still can't figure out why Barrick didn't originally make a bid for all shares at, say, $5.50-$6.00, instead of the $4 offer below market which obviously no one signed up for. If they had bid above market, I think their odds would have been considerably better. Now, they probably will have to bid considerably higher and, imho, against competition. When Barrick first bid $4 we didn't have the drill results we have now, so a low bid looked better then than it does now. DB