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Gold/Mining/Energy : Southern Metals - SUH.V (formerly Aranlee Res. - ARB.V)

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To: Jiong Sun who wrote (205)8/8/1997 12:24:00 AM
From: Rick McDougall   of 254
 
JS

Don't really know right off hand. Have same respect for managment as yourself.
Guess we will have to wait for turnaround in POG.

Globe says stocks firming up

Aranlee Resources Ltd ARB
Shares issued 16,400,000 Aug 1 close $0.31
Tue 5 Aug 97 In the News
See NDT Ventures Ltd (NDE) In the News
The Globe and Mail reports in its Saturday edition that after Diamond
Fields Resources sparked a staking rush of mythic proportions at Voisey's
Bay in Labrador, every prospector hoped to bag another elephant deposit,
but it has not happened. At Your Own Risk columnist Stephen Northfield says
the Eastern Deeps, Staghorn Lake and Sara Lake areas still show some
promise. At Staghorn Lake, NDT Ventures is leading an exploration program
in ventures with a number of juniors, including Essex Resource, Aranlee
Resources and Takla Star Resources. NDT released early results last week
from the continuing $2.7 million exploration program. Shares of all these
juniors have been edging higher recently. Mr Northfield says that
generally, the Voisey's Bay current drilling programs will wind down this
fall, so the results should trickle in during the next few months.
(c) Copyright 1997 Canjex Publishing Ltd. canada-stockwatch.com

Rick
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