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


To: Silver Super Bull who wrote (2743)2/15/1999 8:52:00 AM
From: Enigma  Read Replies (1) | Respond to of 3282
 
Why would Barrick make an offer in the 'near future'? For one thing they are appointing a new CEO - the last one having lost his job presumably over the botched offer. IMO Barrick will watch to see what the next round of drilling brings - they're paying 40% of the cost of this - and will wait till the end of drilling at the end of April, and decide what to do in the off season.

All bets will be off in the unlikely event of a counter offer.

dd



To: Silver Super Bull who wrote (2743)2/15/1999 10:57:00 AM
From: russet  Read Replies (2) | Respond to of 3282
 
Hi deadbull:

Not only that, but Frank L and DoubleD want to make like bandits, and buy your shares for $3.00. Add insult to injury!. Missed the rise boys? Too bad!!

Anyways, who cares?. The resource is there. The mine will eventually go in. The countries and companies will battle out what goes where, and who does what.

Lots of mutual fund managers in on this one now. Will the price go down to Frank's range before more resource is found?. Will Barrick make another bid? Stay tuned!! The story has just begun. Same ARP time, same ARP channel next week, see you there.

russett




To: Silver Super Bull who wrote (2743)2/15/1999 9:17:00 PM
From: Douglas  Read Replies (2) | Respond to of 3282
 
Deadbull did you happen to catch the CFO of Barrick on Canadian Investor last friday night?He was asked repeatedly about ARP and the takeover attempt.The jist of his response was that Barrick's bid was fair and final and the fact that Arp made their decision to refuse it was fine with Barrick.Barrick is moving on.These we're his words,I just thought you might want to know.

Douglas.