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Gold/Mining/Energy : Precious and Base Metal Investing

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To: Gord Bolton who wrote (73)10/10/2001 11:32:35 AM
From: TrueScouse  Read Replies (1) of 39344
 
Gord: Thanks for posting the PR from Aurora Platinum.

Looks like good news to me. I don't have a direct holding in ARP, but it's 15% owned by Southwestern -- and SWG is still one of my biggest positions. I think one of the main reasons for the weakness in SWG over the past 9 months has been the fall in their investment in ARP. The market value of this was about $14 million on Dec 31, 2000 -- or close to $1 per SWG share -- whereas now I think it's only worth about $4 million.

Regards,
Howy
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