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Gold/Mining/Energy : Aurora Platinum Corp, ARP

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To: Bruce Robbins who wrote (10)12/20/2000 12:34:27 AM
From: hank2010  Read Replies (1) of 157
 
I agree with you Bruce, but you note that this property will require a lot more drilling. My understanding is that it has already seen a lot of drilling in the past by other companies. (One old driller wondered how they managed to thread these latest holes down without intersecting and jamming up in one of the previous holes drilled). As Elizabeth points out, the values are in the nickel and copper, so the increase in pd/pt prices do not really change the economics from when it was drilled before. Their Sudbury properties are of more interest to me also, but that is a tough game. Out on the north side of the basin and especially in those off-set dykes,you can get some real good pgm values though. At these prices however, ARP is a lot better short than MSK in my opinion.
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