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


To: Marshall who wrote (2016)1/19/1999 9:48:00 AM
From: Enigma  Respond to of 3282
 
Marshall <The market seems to think this is the final price for this stock> Market seems to be saying higher than $5.00 - but not much IMO dd



To: Marshall who wrote (2016)1/19/1999 10:24:00 AM
From: Gunnar  Respond to of 3282
 
This is not the end. Everybody has understood that Barrick wants ARP badly. We have not seen the real chicken race yet. We will see it when another horse steps in financing one more drilling season. The probability of getting 10 $ after such a drill campaign will then be considered. Barrick has more to loose than to gain missing the ARP train. Others can both have it or leave it. When we have a bid that shows the market that both actors are winners in some way or another then we are talking.
When that development is behind us, let's see what the value of ARP will be.
At first we wait for the news about the other horse, or is it a higher bid from Barrick first to prevent that? The dark horse can afford waiting. What about Barrick?

Regards,
Gunnar