Southern Metals - SUH.V (formerly Aranlee Res. - ARB.V) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Robert van Mil who wrote (23)	1/1/1997 11:45:00 PM
From: Chris A.	of 254

Hello Robert, I've been enjoying reading this thread. I'm glad you started it. So much so I called IR at ARB late on Tuesday. Here's some of what I discussed with Jim Kasten (my apologies if this brings up points already made)... Jim told me that Aranlee was once just a shell company used by an Irish company. It's purpose was just to raise funds. In fact Clive Johnson was associated with Aranlee right from the start. We spoke about Dr. Barry Rayment. He was the former president of Bema (yes, there was "life" before Clive). Dr. Rayment was instrumental in helping ARB aquire the additional 8 properties in Argentina. Dr. Rayment has a PHD in Geology and is playing a major role in AZS's drilling at Cerro Casale. Jim says that Dr. Rayment has remarked that Chinchilla looks like another Cerro Casale. I don't know about you, but that sounds very promising to me. The assays should be out in the next couple of weeks. He also stated the new property (Russia or Africa - wherever... he's not tellin!) will be a major asset. To sum it up, they've got some "heavy hitters", both on the geological and financial (Tony Williams) side of things. Before this thread, besides a small piece Adrian Day wrote about them which I had forgotten, I was ignorant to their goings on. It seems only a matter of time before more investors find out about them. I had asked my broker to check them out as well. He told me that when a large share block crosses like what just happened, its usually a sign of good things to come. Somebody that knows something we don't is taking a position. I saw the same thing happen to Almaden (AMH on Vancouver) some months ago when the price was in the $2.70 - $2.90 range. A large share block crossed. Now its around $4.50 with more good things to come. I asked Jim Kasten what he thought about the cross and he didn't have too much to say. He just said to take it as a good sign and the fact that so large a number of shares was being purchased w/o a discount showed that the seller wasn't just dumping stock. Oh, and one more thing. I'm trying to help from sound hypish here, but Jim also thought they may have aquired a property with good or as good prospects as Corriente's and BHP's Taca Taca. We'll see. Currently I don't hold a position in this company, but plan on taking one very soon. Cheers, Chris A.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next