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


To: Mr. Oil who wrote (2258)1/28/1999 1:09:00 AM
From: robert azana  Read Replies (1) | Respond to of 3282
 
Did I hear right, or was I mistaken, during the conference call, Lucas Lundin stated, this is a "MAJOR WORLD PLAY"!
Also, someone mentioned, the current ore bodies are in an area of
approximately, six square kilometers, on ARP 1,000,000 acres.
I thought someone mentioned there was a 30 meter portion of high grade, averaging 476 grams per ton, which they are valadating!
Lastly and probably more important, is they are going to focus more on the silver aspect, over the next few weeks. I thought Patricio
said, they have a potential World class Silver project as well as a
Gold Project. I might have misheard some of this, as the line was full
of static. Correct me if I am wrong!



To: Mr. Oil who wrote (2258)1/28/1999 2:07:00 AM
From: mick  Read Replies (1) | Respond to of 3282
 
Not Shorting ARP!!!

No, I meant they are shorting gold in New York. I think they now have 170 tons shorted (or something like that). I still have trouble believing that Barrick could have such influence on gold - but then what do I know. Still, I am very troubled that the price movement we have seen in the stock is less than 10 %, considering the volume. They may be playing games to keep the stock down. I am curious if we will see another bidder come out tomorrow.