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


To: Bill Jackson who wrote (2045)1/20/1999 10:01:00 PM
From: Mr. Oil  Read Replies (2) | Respond to of 3282
 
It seems to me some folks are too soon to be sellers. There is lots of potential, lots of untested drilling to be done and plenty of time. Unless Barrick is willing to really raise their bid they should go away! They drop their public offer to $4 from a private offer of $5.50 only to raise it now to $5. I am no mathmatician but some how I don't see $5 as a raise. Hey but we ARP shareholders are dummys right.

Either they get their offer up to recognize the potential of the untested zones, or wait til they are drilled. I don't want to sell otherwise. $10 please or forget it. Barrick are you listening? Forget it or pay the right price. Oohh I'm feisty tonight.

Ray



To: Bill Jackson who wrote (2045)1/20/1999 11:42:00 PM
From: Claude Cormier  Read Replies (2) | Respond to of 3282
 
<<Claude, Then why the unseemly haste?>>

For diversified portfolio, I have nothing against holding the shares at this level...au contraire! There is only a small risk that Barrick goes away for a while and wait for lower gold prices before making a new bid. <g>

And as you said, the deposit may grow... although I don't think there is much room for it in the Amable zone...but I could be wrong.

But if ARP is all one investor is holding at the moment, I think there are better deals with 3X potential.