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

To: Tony from Niagara who wrote (3038)	3/3/1999 4:52:00 PM
From: goldenbloke	Read Replies (1) \| Respond to of 3282

The win-win situation is stay in for the long run as all majors pursue this cookie !!. Am I right ??

To: Tony from Niagara who wrote (3038)	3/3/1999 10:29:00 PM
From: Mr. Oil	Respond to of 3282

Thanks Tony for the article. >>"This process is only getting started," said David Harquail, senior vice-president at the Toronto-based Franco-Nevada Mining Corp. group, which includes Euro-Nevada and which has a combined $900-million in treasury waiting to be spent on acquisitions.<< Interesting open frank comments by Mr. Harquail. If this is the beginning then owning Gold juniors with drilling on going, money in the bank and increasing reserves is a very safe speculation. Arp certainly meets this criteria and is likely a strong candidate for a take over bid again when drilling begins to wind down or when the proven reserves make it worth paying a 50%+ premium on the current trading price of ARP. Price strength holding up nicely today in spite of many sellers coming in at the 4.80 level. We will push through the $5.00 mark with some new drilling assays increasing the reserves. Assays pending and drilling continuing. Lots of excitement left to come! Thanks again! Ray