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

To: Gord Bolton who wrote (2421)	1/31/1999 1:46:00 PM
From: mick	Read Replies (2) \| Respond to of 3282

Barrick Sells Their 40 % - Start A letter Campaign !!! This was something I was mulling about last night. Should we write an open letter to Barrick requesting that they tender there interest at $ 5 - hell, lets be generous and offer them $ 6 per share equivalent interest. I also was wondering about the contract as well. I think you have an excellent idea in that ARP should be seeing how the contract can be broken with ABX. Maybe there is some Argentina paper giving ARP squatter rights. I bet they have more sympathy then big bad old Barrick in Argentina. I don't think Munks political friends hold a lot of sway down there either. Lets get everyone to write to Barrick. Maybe something like this. Barrick "Bargin Cheap" Gold Attention - Vincent Borg RE: Please Terminate Your Relationship With ARP Dear Mr Borg, We, the minority shareholders, feel that Barricks continued hostile takeover is unwarranted and will be unsuccessful, because Barrick continues to undervalue the company. Your threatening remarks announced in the press, suggesting Barrick can and will do whatever it wants, indicates that Barrick Gold is not committed to this area. We would like to suggest that Barrick terminate your relationship with Aregentina Gold. Using your value of $ 5/share, we estimate the value ABX holds on this company to be approximately $ 122 million Canadian. By offering your holdings freely, we believe that other companies will feel less encumbered by your presence and we would therefore be able to recognize the full value of this company. Please give serious consideration to this matter. Yours truly, Insert name cc Paul Melnuk - President, CEO Barrick Peter Munk, Chairman of Barrick Mr Lundin, President of Aregentina Gold