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Gold/Mining/Energy : Southern Metals - SUH.V (formerly Aranlee Res. - ARB.V)
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To: Rick McDougall who wrote (5)12/30/1996 7:07:00 AM
From: Dan P   of 254
 
Rick:

I am a shareholder in this company, and bought it a couple of weeks
ago. It has since moved up a bit, but is still in buying range.
Granted, I bought for several reasons: the management team (mostly)
and also the fact that they have acquired properties in the
prolific northwest Argentina region, which is adjacent to Chile
on the west, and Bolivia to the north. I am a shareholder of CTQ
but not pacific rim or mansfield. So it is pretty much speculation
on what they have or might find. Bema and Arizona star's properties
are not that far, and the fact that important officers of these
successful companies have joined the board of Aranlee is quite
significant to me. It seems like a low risk speculation to me.

Regards

Dan
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