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

To: Mr. Oil who wrote (2026)	1/19/1999 8:54:00 PM
From: E. Charters	Read Replies (1) \| Respond to of 3282

The permitted bid is the bid that is voted acceptance by the board. The dilutive effects are the right of shareholders of record before the bid to buy shares at a lower price or to get a dividended share that the offeror must buy. Pretty standard rights agreement and it is much the same as Barrick's own agreement as they point out in their announcement of the 14th. It is limited time in order to forestall the quickie bid and in order probably to give a counter white knight to make an offer and due its diligence. EC<:-}