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Gold/Mining/Energy : Caussa Capital (formerly Antares) T.CAU

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To: Donald F. DeKold who wrote (1600)11/30/1997 12:00:00 PM
From: peter matson  Read Replies (2) of 4718
 
Donald the whole thing is that these terms are

are used in the mining industry by reputable companies

as standards for investors to make rational judgements.

Did Antares press release mention anything about proven

reserves? So are these calculations proven, probable

or drill inferred?

If people want credibility for the companies they are

touting then the proper terms should be used. Lets face

it there has been enough hype and misinformation coming

out of that part of the world in the form of reserves

already and what we need now is credibility.{not hype}

And dont you think its a giant leap of faithe to

assume that since on one part of the property you hit

an ore body that this deposit will continue throughout

the entire package? Maybe someone should start making

resource calculation for neighbour properties since

god know this deposit could go on forever!

Regards
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