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

To: russet who wrote (2524)	2/4/1999 1:51:00 AM
From: Enigma	Read Replies (1) \| Respond to of 3282

russett - the name of the game is to buy at an advantage and to make a profit - the way of the world - can't blame any company for doing it - even Barrick! dd

To: russet who wrote (2524)	2/4/1999 10:49:00 AM
From: Claude Cormier	Read Replies (1) \| Respond to of 3282

<<Look at the Barrick record over the last five years. Grab property at cheap prices that turns out to be worth much more later.>> Certainly not the case with Pierena. The grab it at high prices and it has yet to show the expected increase in reserves.

To: russet who wrote (2524)	2/4/1999 12:46:00 PM
From: Silver Super Bull	Read Replies (1) \| Respond to of 3282

Russet, The common thinking among people is that Barrick's presence will preclude other potential bidders. The stock price movement seems to reflect this. I am not sure this is a good assumption to make. I think that other bidders will materialize once we get more drill results. In my opinion, there is just too much value here to sell for a low price. I am very confident the Lundins will be able to attract better bids. In fact, I have added to my holdings at current prices. Sure, I might be wrong in doing so, but I feel comfortable with the situation. Perhaps the greatest wildcard here is the unexplored properties ARP has. DB