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: David Parkinson who wrote (2393)	1/27/1998 11:45:00 AM
From: JD	Read Replies (1) of 4718

COW = Contract of Work It is THE piece of paper to ensure a company can proceed to the mining stage without fear of being completely hosed by the gov't. Without it a company has absolutely no guarantees as to their claim on a piece of development property. They issue SIPPs to allow a company to drill and COWs to allow them to mine the property. Until the COW is issued ANZ can only hope to tread water. Since the pre-fraud debacle with BRE-X the market has shown no significant confidence in Indo plays until a COW is received. JD

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