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

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To: Essam Hamza who wrote (149)2/22/1997 7:36:00 AM
From: David R. Schaller   of 254
 
Essam, I hope you're right about the future price movement. I'm not sure how much profit taking could be going on in this stock however. It seems to have stabilized at a very cheap price. I really expected a reaction to this Kazakstan deal. This area has proven to be one of the most mineral rich in the world. The Soviet Union tried to prevent the separation of Kazakstan when the union disolved...for this reason.

I have been trying to figure out what to sell so that I can buy more ARB. I already own more shares of this stock than any other. I hope our confidence is not misplaced.

Regards, Dave
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