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Gold/Mining/Energy : Aurora Platinum Corp, ARP -- Ignore unavailable to you. Want to Upgrade?

To: Elizabeth Andrews who wrote (9)	12/18/2000 8:06:33 AM
From: Bruce Robbins	Read Replies (2) \| Respond to of 157

Elizabeth, A lot is wrong <g>. I do not think the current price for ARP is justified. Most of what the company has is advanced grass-roots- impossible to put any meaningful $ value on anything at the moment. We need to see many more drill holes. The projects that caught my eye with this one are in Sudbury. Belleterre is an interesting occurrence for the moment. If this stock was trading below $1 I would be in. At this price, I am on the sidelines and only interested in it from an exploration point of view. ARP is a company with grass-roots properties trading in the price range of a producer, thus there is a serious downside risk to the price. Re-Belleterre: the drill hole map is on the www site at: auroraplatinum.com Hole 4 is off the main trend. Holes 1,2,3, and 5 are along a single horizon and represent a strike length of approx 150 meters. The problem with this one is continuity; the geology in this part of the world is very complex and things have a tendency to get cut off by faults (e.g. look at holes 6,7,8). They will need a lot more drilling to prove this is something worth looking at, but it is a good start. Re-Sudbury: ARP has a number of interesting projects in the region where they completed an extensive surface exploration program this year. They are completing a drill program a present: auroraplatinum.com I am waiting to see the results from this drill program. I do not expect them to be high in PGE's. I expect to see the high nickel and copper with associated PGE's typical of Sudbury. These are the projects that ARP holds which interest me the most and are the ones that I am referring to when I speak of drill results due. Re-McDonough Property: As you know, there is a PGE rush going on in Red Lake. ARP has an interesting grass-roots target in the region. Bruce