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Gold/Mining/Energy : Coleville Resources - CLL
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To: vandek who wrote (1408)4/1/1997 12:26:00 AM
From: alias13461   of 3058
 
Tim, all is speculation at this point in time but my understanding is, should it occur ANZ would only be looking at the Ojolali property, the Pemon would get transferred to a new company which would be owned by CLL shareholders. The actual share split is just as speculative as the acquisition at this point in time. I think you can also bank on the fact that no major will be buying out Antares as their plans are to be one of the majors. Take a good look at the company, their management and what they are doing. Their recent run up is not an accident, they have had everything in place, that is the reason Coleville signed the JV with them.

WO
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