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Gold/Mining/Energy : Caussa Capital (formerly Antares) T.CAU
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To: bill718 who wrote (1793)12/10/1997 8:41:00 PM
From: Mike  Read Replies (1) of 4718
 
Also, another note of importance with regards to Golds present price, is the low cost potencial of this property (Ojalali). People are ignoring the line with regards to low cost production in the news release. Early 1998 should bring us, new resource estimates putting us far above 1 million ounces, and a predicted production cost estimate on certain zones such as the Tambang. Smiliar deposits and estimates predict under $150US and ounce production costs. The Tambang is still being extensively drilled, and new holes coming forth are proving to be equally as promising as the old ones, and in some areas even more impressive.
Mike
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