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

To: Enigma who wrote (2050)1/20/1999 10:21:00 PM
From: Mr. Oil  Read Replies (1) | Respond to of 3282
 
And you sound like Barrick's salesman. If they want it now they must pay for the potential which I point out MAY be 20m tonnes. This still MAY prove to be worth $25/share. That is the risk you take buying an unproven resource. If ARP WANTED to sell now they would have to take what it was worth and that would be based on what was proven. But this is a hostile bid. Unsolisited. Why should ARP sell the unproven zones for nothing just because they have not had time to test those zones. While they belong to ARP they hold possible future value. If Barrick wants them then they pay for them. Otherwise ...forget it! $10 bucks or go!

Ray



To: Enigma who wrote (2050)1/20/1999 10:22:00 PM
From: robert azana  Read Replies (1) | Respond to of 3282
 
Over 20 Million shares have traded above $5, and over 250k on the bid at $5 and up, prior to the close. Not including commissions, there must be a lot of "DUMB PEOPLE", wanting to loose money @ ABX
$5 offer, or there are a few informed people who think $5 is cheap
and there is still a good ride left yet.

Drill results on #103 & #105 could be out as early as tomorrow!


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