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


To: Mr. Oil who wrote (2075)1/21/1999 4:14:00 PM
From: Enigma  Read Replies (2) | Respond to of 3282
 
R the R - is 2.5 million ounces worth $5 per ARP share - don't think so somehow - $5/pr share anticipates more than 2.5 million ounces - others on this thread have done the math. This is why these holes are not adding to market price - what other reason can you come up with? There are a lot of people out there who are number crunching on this one, and the price is not going up - it would if the value is there. At some point it will, but we can't be there yet. dd



To: Mr. Oil who wrote (2075)1/21/1999 5:09:00 PM
From: Bill Jackson  Read Replies (2) | Respond to of 3282
 
Ray, Remember what happened at Arequipa, short sighted shareholders and funds sold out far too soon because they had a fat profit in hand.
Funds especially are prone to do this. People have more patience.
It all depends on the actions of a few key people. Interesting time.

Bill