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Gold/Mining/Energy : Southern Metals - SUH.V (formerly Aranlee Res. - ARB.V)
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To: Don Billins who wrote (234)2/19/1998 8:11:00 PM
From: Abner Hosmer  Read Replies (1) of 254
 
Hi Don -

Please excuse my delay in responding. I am having problems with my home internet access, which has seriously impeded my ability to keep up on the threads.

Thanks very much indeed for the excellent background that you posted on Aranlee. I was doing some bottom fishing late last year when I put my hook into this anchor. Glad to see that RTZ is going to do some drilling and there is nothing to do but hang on and wait. The stock is so low that there is little to be gained from selling. RTZ's interest is encouraging, I hope that the results encourage them further.

Are you in this one? I've been following the whole Bema group for about 2 years. All of Aranlee's directors have close ties to Bema, so there is the connection. If I am not mistaken, ARB aquired the options on the Kazakhstan properties from KMC. Barry Rayment, Erwin Haas, and Tony Williams sit on the board over there. Rayment and Haas sit on the Board of BGO and Williams used to as well. Rayment seems to be on the board of every stock in the Bema group.

I think El Acay and Pancho Arias are the same properties that used to belong to Argentina Gold, a quality company that has jv's in the El Indio with Barrick and WMC, one of the largest listed companies in Australia. I'm currently trying to get information on any previous work done on the properties, but not having much luck. Good to hear from you, and thanks again for the excellent info.

regards - Tom
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