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

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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 (71)	1/6/1997 1:27:00 PM
From: Essam Hamza	of 254

Thanks Rick. Personally it's a medium to long term hold for myself, but I disagree with you re: the movement. When the new property is announced and a financing is done, this stock is going to climb very rapidly. The only question is when. I'm predicting by Feb. we will all be smiling. Actually I've been aware of UP since under $1. I just don't do gas and oil plays yet. I also was about to buy Scimitar at $1.50 (SIY.C) after getting news of there huge Egyptian oil discovery. It ran to $3.50 but again I don't feel confident yet with oil company valuations. PS: The bids are firming up and the asks are mysteriously dissapearing? Get ready for a possible rebound. Good Luck, Essam.

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