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Gold/Mining/Energy : Aurora Platinum Corp, ARP

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To: Brumell who wrote (92)1/16/2001 5:32:12 PM
From: John E.Quinn  Read Replies (2) of 157
 
Aurora Platinum Corp - In the News
Gold Newsletter says Aurora is its top recommendation
Aurora Platinum Corp ARP
Shares issued 1,127,367 2001-01-15 close $5.65
Tuesday Jan 16 2001 In the News
In a Gold Newsletter Fax Alert dated Jan. 9, 2001 (received by fax Jan. 16), editor Brien Lundin says that Aurora Platinum ($7.20) must be owned. The stock's price soared on the announcement of initial drill results from the Midrim project. Four of the first five holes intersected a high-grade pod of Ni-Cu-Pt-Pd mineralization which could, in itself, justify a substantial mining operation. This type of mineralization almost never occurs by itself and Aurora believes it has tied up the entire district. Aurora is also drilling on its Foy Offset project, which is a dike extending outward from the Sudbury Intrusive Complex. Mr. Lundin says management is obviously encouraged by what it sees as it has announced plans to increase the first phase drilling by 60 per cent to 8,000 metres. The company is also planning to drill its Footwall project, also in the Sudbury complex, and surrounded by four important mines. Mr. Lundin gleefully notes that ARP's share price has gained a lot since his initial recommendation last June at $1. He believes that results to date and the potential of current projects justify a substantially higher price. He strongly advises accumulating Aurora Platinum for the long term, while you can.

(c) Copyright 2001 Canjex Publishing Ltd. canada-stockwatch.com
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