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

To: Mr. Oil who wrote (2419)	1/31/1999 9:35:00 AM
From: easyeric	Read Replies (2) \| Respond to of 3282

Hello there, Thanks for your comments. I looked through the news releases and it appears that there is a 10 day period for others beyond the 51% wishing to tender exists. Gives me some comfort. I am still baffled by the method of this PP. My understanding is that a PP to institutional investors can be done very quick (days if need be). Why would Lundin sell his own @5.25 and then run the risk of the price going up before he could get his PP done? Seems weird. As they have the most to gain I would think that they would keep their shares and get the PP done sometime this week. Maybe there is a bad drill result coming which will depress the share price, they do the PP at say 4.50 and then go forward?