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


To: E. Charters who wrote (2013)1/19/1999 6:38:00 AM
From: Mike Perras  Respond to of 3282
 
Hey EC;

Me thinks you been talkin to rocks too long - Have a great day(eom)

Mike



To: E. Charters who wrote (2013)1/19/1999 6:53:00 AM
From: Mike Perras  Read Replies (2) | Respond to of 3282
 
Hey Rocky .. Linux .. now you're talking. How'd you like to be the company getting this to market .. I guess no company will ever be able to do that. IBM & Apple let Microsoft happen, Linux could change that if it had a big company behind it IMO. Not likely to happen.

Mike



To: E. Charters who wrote (2013)1/23/1999 12:56:00 PM
From: tanoose  Read Replies (3) | Respond to of 3282
 
Hello EC;

An interesting post from stockhouse for all to peruse??


if you've been watching ARP you know ABX doesn't show all his cards all at once as
Placer dome has done with Getchell.
Placer doesn't want a fight thats why they offered a huge premium for Getchell.
But ABX is beyond contempt, showing its true colors, with this insignificant 4 and 5 dollar
offer for ARP. Munk is a liar, cheat and a theif!!!
some may agree with me some may not... i won't argue i'll just speak my mind.
ARP has been a strong trading stock since 93 or i would have been into it sooner
ABX locked up most of the eastern border of Chile early in the 90's
knowing this was one of the best areas of the FREE world to search for her precious
Gold... ARP locked up the western border of Argentina.
their claim block covers some 80kms by 20 kms.
getting to some specifics. Diatremes and faults. ABX's Pascua mine is in Chile
6 kms from this area of immediate interest to the ABX/ARP jv
the Pascua diatreme is smaller than ARP's diatreme
by my judgment ARP's is at least 3 times bigger than ABX's
i'm not well educated on the dynamics of a diatreme
but with ABX's having been drill defined to host some 11 million oz's in its fesability study,
probably more...
maybe ABX sees what could truely be their precious 100 million oz's of gold reserves in
the ARP property as it hosts several similar sized diatremes. none of which has received
much exploration, even the current drill program has only scratched the sufrace of this
diatreme and has yeilded some incredable tonnage of low and high grade gold.
approx.20% of the diatremes surface expression has seen a drill hole. and ABX chooses
to launch this insulting takeover bid at 4.00 to 5.50 CDN do you begin to see the
magnitude of their takeover strategy. cheap dollars for even cheaper gold. thats why my
accusations of Munk being a Liar, Cheat and nothing more than a common Theif. ABX is
Bullying ARP into accepting this bid. But wiser investors see through this. thus we have
Newmont and TD asset managemnet taking up 10% stakes in ARP as well. now there is a
few things that could happen here ABX Newmont and TD have declaired they own 10%
each.
ABX needs 50.1% to complete the takeover. will Newmont and TD hold out for a bidding
war or sell out ARP to ABX thus giving ABX 30% at least.
when Munk and ABX get up to dance, they don't like to be told "NO"
and i feel they will dance till last call and dance the Tango at that.
in the past ABX hasn't danced without taking their girl home afterward....
a mere few hundred kms North of here was Arequipa and her prize project of 20 million
oz's of the cheapest gold yet found ie US$50.00/oz cost ABX saw fit to pay a US$Billion
price for this only 2 years ago. 2 years is nothing speaking in geological terms and with
the world economy causing most of the turmoil felt in the resourse sector with low
commodity prices denominated in US$ ie: $US$
well now Munk's trying to get his piece of ass while still at the dance hall and on the
dance floor. in the near future the world economy and commodity prices
may indeed be on a comeback. we as investors not speculators should realize this very
fact, and not yeild to the Bully of the school yard looking for a bag lunch. too many
other juniors in far worse financial shape would jump to sell out at this level. ARP is far
from being in bad financial shape, and should again tell ABX to bid more or go away till
you are serious!!!
Serious is what Placer Dome demonstraited in their offer to Gethell!!!!
here in Argentina ABX will not even have to construct a mill as the treaty between
Argentina and Chile allows for international mining of each others deposits due to the
remotness of the Andies. so you see even that adds to ABX's economics of accuiring ARP
with no US$200million mill to construct. This ARP accusition merely adds minable reserves
for ABX at Pascua. some say their bid is fair for what is known currently. this may well be
true but with 5 drill rigs working and a new budget approved by ARP/ABX JV for further
drilling. we have just gotten started PEOPLE!!!! those that know Technical Analysis of
chart patterns should agree that 5.00 isn't even worthy of a run up let alone a spike
as seen with Diamond Fields back in 95 and again with Arequipa in 96/97 prior to
accepting a takeover bid.
have a look at ARP's 5 or 10 yr chart and my point will be made clear. The rise in gold
back in 94-96 caused a great bull rally in the juniors. they financed projects around the
globe, made discoveries and showed the majors everything they wanted to know. ABX's
and other Majors hedging programs of selling forward gold as well as the central banks
lending gold, has caused the price of gold to drop for the past 3 years. Add to this the
economic termoil worldwide and we have all commodities at long time lows. noting all
commodities are priced in $US currency, the one economy that has remained strong. All
this has caused the juniors to wither and die as california grapes become raisins. raisins
are a storable food sorce. so are mineral deposits (storable, not a food source.) they're
not going anywhere...thus through legal tactics the rich ie: central banks ABX and PDG
others too, have created this very depressed enviromnet in which the strong survive and
the sick and weak get eaten. well they have suceeded. the sick and weak juniors are all
around and have shown their cards. a great many mineral deposits have been found!!!
now the majors are hungry, the sharks are getting ready to feed on the fruits of their
labours. make them pay for their deception. ARP at CDN$5.00 is CHEAP CDN$180million
app. make them pay!! wait for the drilling to show just what is there and not allow ABX
to clamp the lid down on ARP's coffin just yet. ABX has indeed deep pockets. this mere
pocket change offer isn't worthy of a tip in a good resturant!!
at CDN$5.00 ARP is an incredable buy, historically.
The DD has been done, this is no hoax. respect the value of the potential that this
hosts. REJECT the current BID and ACCUMULATE at this level.

radar
over and out
received replay worthy of posting also

getting to some specifics. Diatremes and faults. ABX's Pascua mine is in
Chile 6 kms from this area of immediate interest to the ABX/ARP jv
the Pascua diatreme is smaller than ARP's diatreme
by my judgment ARP's is at least 3 times bigger than ABX's

i'm not well educated on the dynamics of a diatreme
but with ABX's having been drill defined to host some 11 million oz's in
its fesability study, probably more...

# looks likely

>maybe ABX sees what could truely be their precious 100 million oz's of gold
>reserves in the ARP property as it hosts several similar sized diatremes.

# I think that is true.

>incredable tonnage of low and high grade gold. approx.20% of the diatremes

# not even that. It is 4000 by 4000 feet!

# 400 holes could not fo it justice.

>investors see through this. thus we have Newmont and TD asset managemnet

# Barrick is Barrick. I won't reapeat or disagree with what you say.

and should again tell ABX to bid more or go away till you are serious!!!

# I think thye are doing that, cautiously.

>say their bid is fair for what is known currently. this may well be true

# no.. they have 5 other bets on their ground not yet porcupined...

>have created this very depressed enviromnet in which the strong survive and
>the sick and weak get eaten. well they have suceeded.

# you said it. And they did it in 1929 too.

With regards,Frank