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


To: Claude Cormier who wrote (2991)2/26/1999 1:17:00 AM
From: Elizabeth Andrews  Respond to of 3282
 
What if something were to happen to Mandala?



To: Claude Cormier who wrote (2991)2/27/1999 7:47:00 AM
From: LaFayette555  Read Replies (2) | Respond to of 3282
 
Hi Claude,

If I keep asking you questions I will have to subscribe to you !

These latest results were very good imo in that they firm up the reserves of ARP.

I notice hole 112 on Filo Federico returned a very good 2.63 g/t au
and 32.8 g/t ag over 142 meters, again a hill of gold.

Now DDF1 is being drilled at the Filo Federico and these holes have had a tendency to increase gold grades noticabely at least.

In view of hole 112 and the others at Filo F. COULD this formerly un-economic and un-interesting deposit to ABX now turn into something economic especially considering the rest of the proprety ???

Thank you again.

PS Cant wait for these ddf1 results to come out !!!!!!



To: Claude Cormier who wrote (2991)2/28/1999 9:13:00 PM
From: William Puget  Read Replies (1) | Respond to of 3282
 
Excellent point on forward sales. Newmont is the least hedged of the majors and obviously ABX the most. The strength in ABX is more related to their superior management of the current situation than the price of gold. If we get $325 gold, Newmont would be a big %age winner.

WP