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

To: Joe Pincus who wrote (2320)	1/29/1999 9:33:00 AM
From: Claude Cormier	Respond to of 3282

<< If Barrick really wanted the property, they could sweeten their offer to $7.00 - $8.00 and many more people would tender their shares.>> Why rushing? Barrick simply hopes that ARP will not be able to continue with the flow of good news. If it happens, people migtht decide to cave in. OTOH, if ARP come with more news that justify a higher price, ABX will simply increase the offer. ABX will get Argentina, the question is when and at what price. All depends on future results. The duplication of core drilling results is one item that could change the big picture more than anything else. CC