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

To: Claude Cormier who wrote (2520)	2/3/1999 11:35:00 PM
From: russet	Read Replies (2) \| Respond to of 3282

Barrick are pricks. The geology screams for a minimum of $7.00. Somebody high up in Barrick screwed up and offered a stupid bid at $4.00. I hope that twit gets fired but I think that means the president is toast. Barrick has got sucked into the hype that they are gods. Frankly they have been extremely lucky over the last 10 years and did the right thing by the market. The market is changing and geology is changing. Stuff that was shit 5 years ago is now the richest gold mine going, and Barrick is trying to screw us all by pretending that Arp has very little. Do some due diligence and realize that Barrick does not have 50% of this rich mine and the geology screams for a much higher bid. Make Barrick pay what this ground is worth. russett

To: Claude Cormier who wrote (2520)	2/4/1999 12:24:00 AM
From: Wizzer	Respond to of 3282

Good news like we have been receiving should have added some volatility to the stock. It's normally a good way to make some good money, but ARP has been trading in a narrow range for quite some time now. Instead, the market value that Barrick has attached to the company is the measure for the stock price, not investors. Regards, Wisam

To: Claude Cormier who wrote (2520)	2/4/1999 8:46:00 AM
From: tanoose	Read Replies (2) \| Respond to of 3282

Hello Claude; An interesting News Release?? Barrick Gold and Newmont Mining agree to Nevada asset exchange Barrick Gold Corp ABX Shares issued 376,475,371 Feb 3 close $29.00 Thu 4 Feb 99 News Release Mr. Paul Melnuk reports Barrick Gold Corporation and Newmont Mining Corporation have reached an agreement in principle to a mutually-beneficial asset exchange on the North Carlin Trend in Nevada. Both companies will benefit from synergies created by the consolidation of their overall land positions in the area of Barrick's Goldstrike property and Newmont's North area and Deep Star operations. Each company is transferring assets that will generate greater value when developed by the other company. This exchange is a win-win situation that gives both companies increased production and exploration opportunities. It has positive implications for share value. The transaction extends the level of co-operation between the companies and opens production opportunities and operating flexibilities that otherwise could not be realized. Major highlights: Barrick receives: The land corridor currently separating the Betze-Post and Meikle mines on the Goldstrike property; The Goldbug deposit, with a reserve of 1,140,000 ounces, which is adjacent to Barrick's Rodeo deposit on Goldstrike; Newmont reserves of 860,000 ounces in the Betze-Post open pit; The Banshee property to the north of Meikle mine. Newmont receives: Barrick's portion of the underground Deep Post deposit, a reserve of approximately 450,000 ounces; Barrick's 40 per cent interest (1.2 million ounces) in the High Desert property; The land corridor between the Deep Post and Deep Star deposits; Approximately 350,000 ounces contained in stockpiled ore; Surface rights to certain lands to the south of Barrick's open pit dumps. (c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com All sides of the equations must be wieghed?? With regards,Frank