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


To: Enigma who wrote (2102)1/22/1999 6:01:00 PM
From: David in Ontario  Read Replies (2) | Respond to of 3282
 
DoubleD...a thought

<<I wonder what Barrick will try in order to shake the tree?>> you say.

The ARP drilling results are very positive...so what will Barrick do...how about making a better offer! The first was @4, now it's @5...I can wait.

The ARP drilling programme just provides more very good core results, adding value to their property. The longer the drilling programme continues the more valuable ARP becomes.

How long can Barrick wait until ARP has proven reserves that value the stock at $10 for example, or higher? What if ARP has proven reserves that value the stock at $15 by Easter? Who knows.

What I do know is that they offered $4 ps, now it's $5ps.

Response for Barrick: Offer me more, I can wait...focusing on tech stocks for now...will check on ARP every so often to see how well the drilling programme is progressing. Have a nice day.

David.