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

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To: Ron Pitts who wrote (60)1/5/1997 11:06:00 AM
From: Robert van Mil   of 254
 
Ron, I am still sitting on the fence here, noticed you got in. What made you pick ARB over Puma? Puma looks to me like a better buy ot about 0.70C than ARB at 1.10. If you buy for the areaplay , they both seem to be heavy in the NW Argentina thing, or if you play for management Barry Rayment and Clive Thomas are directors in both.
Voisey Bay appears dead, but could account for the difference in evaluation? I do like ARB's exposure better. You will probably find me sittng on this fence a while longer. Maybe see what ARB's new property will be like. All the best,
Robert
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