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

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To: ossie who wrote (1796)12/10/1997 11:42:00 PM
From: Mike  Read Replies (1) of 4718
 
Ossie, thanks for the post.
Silver is now trading above $6.05 as I speak and is looking strong.
With regards to the Ojalali, just how much silver are we talking about. Would you consider the find more of a silver one, or a gold one because from the looks of the last release, the Tambang gold equivlent was predominantly made up of silver?

With silver going up like it is, the gold equivlent resource is going up as well, without even any more holes.

With regards to production costs, do you have any idea whether my assumption of <150 US is accurate?

Also, any idea why we have not seen any more on the B.C. project. 3 months of drilling any only one hole release seems strange to say the least. If you have been following the thread as of late, there was some talk with regards to the failed ENERGEX, previous operators on the property. What will ANZ do differently, to make this proeprty successful? Is it the vast developement in the area with regards to roads and mills, that has renewed interest in this once failed property?

Thanks, for anything you can help out on......

Mike
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