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

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To: Bill Grant who wrote (99)1/15/1997 8:39:00 AM
From: Dan P   of 254
 
Bill:

Aranlee's performance will depend ultimately on whether they are
able to identify a major resource. In the meantime, it will
participate in this area play, which has become significant since
the Corriente (CTQ) /BHP discovery. As has already been pointed
out, there are a number of companies active in that part of
Argentina, and we should see significant investor attention drawn to
these companies. Management of Aranlee is impressive, and
hopefully, they can pull it off. I am a shareholder, but of
course have nothing to do with the company.

Regards

Dan
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