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


To: james flannigan who wrote (2475)2/1/1999 6:26:00 PM
From: Link Lady  Respond to of 3282
 
Price of Gold for April up $2.70. Is gold now in uptrend and will this reflect in ARP price?

news.com

Gold stocks rose after the price of bullion for April
delivery jumped US$2.70 to US$290.90 in New York. Placer Dome
Inc. (PDG CT) rose C$0.60 to C$17.70 on outflow of C$2.15
million, Barrick Gold Corp. (K CT) rose C$0.60 to C$29.45 on
outflow of C$250,000 and Franco-Nevada Mining Corp. (FN CT) rose
C$0.30 to C$28.55



To: james flannigan who wrote (2475)2/1/1999 6:39:00 PM
From: tanoose  Read Replies (3) | Respond to of 3282
 
Hello James;

Somehow I don't think you quite understand what I'm getting at??

I do not need to go over the maps, I do not need to study the drills anymore than I already have, it is quite clear to me how big this deposits potential is, In fact I won't say how big I think the potential is??

I have weighed out everything I can possibly dig up and I'm still digging, but it fails me to understand WHY we have still NO competing bid??

I fully well know the history of these Gold company's (robber barons), and it is my opinion we should have had a competing bid in already, this is what is needed to push the offer up.

It appears to me that the bidding for this house was over before it even started. I'm thinking that for now none of the others will dare take on Barrick??

Your printing of the drill results and thinking of how great it is does not change that simple fact. You can compare all you want, to the other property's etc and how big the deposit is, without a competing serious bid, I believe Barrick is going to walk off with a very great deposit for a song??

A competing bid is what is needed??..............the lack of a competing bid is telling me thus far at least, that the economy of scale is in Barricks hand, and that is the way the other company's must see it??

You don't have to convince me how GREAT this deposit is, it is part of a very prolific area??

With regards,Frank