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

To: Bruce Robbins who wrote (10)	12/18/2000 4:32:13 PM
From: jpthoma1	Read Replies (1) \| Respond to of 157

Hi Bruce, This is a well promoted play. There was even a report about that «discovery» at the french channel of Radio-Canada FM this morning. I thought that R-C budgets were tight! This company recently changed its name to add the term platinium, but is still holding the same nickel/copper prospects. If my memory is good, the Midrim property was drilled by one of the Applegath company in the eighties. I don't know about the Sudbury play. The last two reports of a discovery at R-C in the last years were Nuinsco's Lac Rocher and Twin's Torngat! So.... I know that promotion is important, but can you name me a Pd/Pt mine located in gabbro sills? JP

To: Bruce Robbins who wrote (10)	12/20/2000 12:34:27 AM
From: hank2010	Read Replies (1) \| Respond to of 157

I agree with you Bruce, but you note that this property will require a lot more drilling. My understanding is that it has already seen a lot of drilling in the past by other companies. (One old driller wondered how they managed to thread these latest holes down without intersecting and jamming up in one of the previous holes drilled). As Elizabeth points out, the values are in the nickel and copper, so the increase in pd/pt prices do not really change the economics from when it was drilled before. Their Sudbury properties are of more interest to me also, but that is a tough game. Out on the north side of the basin and especially in those off-set dykes,you can get some real good pgm values though. At these prices however, ARP is a lot better short than MSK in my opinion.