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


To: chummer who wrote (2253)1/27/1999 6:02:00 PM
From: mick  Respond to of 3282
 
Conference Call - Potential 20 M Oz Property

Very interesting (though hard to understand at times). What struck me was near the end when they mentioned that less than 30 % of the area has been explored. The caller suggested that the potential resource could therefore be in excess of 20 M Oz to which management didn't refute.

Also said that Amable is a stand alone mine (no need for Pascau - the implied suggestion was that Pacau needs ARP more than ARP needs Pascau).

It sounded like there are more interested bids though they wouldn't give the numbers. May only be 3, but suggested more.

Don't sell your stock for less than $ 20.



To: chummer who wrote (2253)1/27/1999 10:16:00 PM
From: John BOYCE  Read Replies (1) | Respond to of 3282
 
Strange trading today with talk of 20 million oz and $10-20 buyout.
For all the hype of the latest results (justified), recommendations by different analysts, and now the conference call where they are talking big numbers in term of the size of the find and the price of potential buyout, the stock price sure hasn't reflected it. Huge volume on Monday and Tuesday but the price barely moved. Hopefully as the week moves on, the price will reflect the potential here. Good luck John Boyce