Caussa Capital (formerly Antares) T.CAU Message Board

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

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To: Ray Fidler who wrote (1868)	12/17/1997 9:05:00 PM
From: bill718	Read Replies (2) of 4718

Ray, I talked with Peter at ANZ a couple days ago and he assured me the company will be extremely careful about how the remaining money is spent. Further, the burn rate is, and will now be lower than it has been over the past 6 mos. or so. With so much drilling going gung-ho for so long, it should be very interesting to see what materializes in the way of forth-coming resource estimates. On another positive note...The World Gold Council released a report on Wednesday detailing the substantial increase in gold demand in those countries which have liberalized their gold trading regulations, and predicted that as other nations follow their lead, the potential implication would be at least a DOUBLING in worldwide gold demand. Wayne

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