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Gold/Mining/Energy : Caussa Capital (formerly Antares) T.CAU
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To: The Fix who wrote (1823)12/14/1997 6:25:00 PM
From: john  Read Replies (1) of 4718
 
Well fix it seems to me in September of this year they had six drills working in Indonesia and they still have the same amount working according to some posts on this forum.

I really do hope they have 2 years worth of cash on hand.

I do NOT think they will raise cash at under a dollar.

My thoughts are quite simply this:

1 They will release results and increase reserve estimates on both properties.

2 During this time the company will promote themselves to broker's etc. as they are planning on doing in January in Western Canada.

3 During this period the stock price will rise and stay up BASED on results and what they have, not what we hope they have.

With the goods they will be able to raise cash, as I believe this stock will be in the $5.00 level in the first quarter of next year.
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