This argument is NOT helpful!

ARU went from pennies to a consistent high of around $36.00

Then had a 1 for 4 split with an eventual high of just over $10.00.

Recently, shareholders received around $5.00 (that's $20.00 based on original pricing) for each share.

Sounds terrible?

There are valid arguments on both sides as to the future. But as to right NOW?

Ecuador is a mess. All mining companies are on hold waiting for the gov't to decide what the heck it's going to do.... and the future does NOT look good.

DMM, the only producing gold mine in ecuador, dropped from a high of $12.00 to today's $1.62.

If ARU were still on its own, ARU shares would be worth about the same.... $1.62 versus $5.00 +

Based on this, I think many ARU shareholders are relieved!

So... I am not supporting Anderson in this proxy bid. I support Richard Nemis and the current board.

I am saying we should not pillory Anderson based on one side of a debate. ARU shareholders have a share in the company that took over ARU's lands. So IF things turn around, they still stand to participate in the profits.

Carrying this ARU debate over to NORONT leaves open to the charge of being out of touch with present day realities.

ARU is NOT the issue. Bashing Anderson is NOT the issue. Supporting Richard Nemis and the current board - based on their amazing success - IS the issue.

BK