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


To: Mr. Oil who wrote (2792)2/17/1999 11:23:00 PM
From: robert azana  Read Replies (3) | Respond to of 3282
 
I dont know, if you can convince someone down at ARP office, to tell you "WHO TOOK DOWN THE PP of 2 MILLION SHARES @ $5.25". However, if you knew it was, say, "ALTIMERA or MAGELLAN", you wouldnt be selling!
I "GUARANTEE YOU", if this "NEWS WAS MADE PUBLIC", the stock would
stop sliding instantly and the reverse would happen.

The funds do not want there names "MENTIONED"!




To: Mr. Oil who wrote (2792)2/18/1999 9:09:00 AM
From: John BOYCE  Respond to of 3282
 
Thanks ray,just got update from company.Reason for selling last couple of days has come from some High Risk Arbitrage Funds who have sold off part of their position. A number of the funds invested during the takeover bid and now that barrick bid is done and nothing else forthcoming, that is why some of the above funds are selling off. The company did report they are in serious talks with a couple of companies and are hoping for feedback from them soon.
Drilling continues with more results next week and hopefully this week, they will have an updated resource estimate.
Still feel sick watching my investment go down the drain but after speaking with the company and reading posts by you and some of the other members, I will bite the bullet and continue to hold, instead of dump. Take care everybody, John Boyce