SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : ARP - V Argentina Gold -- Ignore unavailable to you. Want to Upgrade?


To: LaFayette555 who wrote (2636)2/8/1999 8:44:00 PM
From: michellan  Respond to of 3282
 
I really expected some drill results today. Maybe the results were not as good as they believed, maybe they know Barrick won't get 50.1% so they kept the results to help to support the price tomorrow. Or maybe they know Barrick will get 50.1% so they stopped the fight.....Time will tell

Good luck everybody.



To: LaFayette555 who wrote (2636)2/8/1999 11:32:00 PM
From: Tom Cat  Read Replies (1) | Respond to of 3282
 
Francois,
I am keeping my position, ARP has 6 (yes six) drills on site to prove Barrick they are worth more....My guess is that, ABX will have to pay fair value if they want to get this one. This is one, I will not loose sleep on.
The only concern here is that due to the location of the property, it would be costly to put a new mine, whereas ABX already have the stuff there. Prefeasibility should clear this up, but if ABX gets this , you'll bet , we will never know the real size of Veladero et al
TC