SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Caussa Capital (formerly Antares) T.CAU

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: bill718 who wrote (2425)1/28/1998 2:40:00 PM
From: bill718  Read Replies (4) of 4718
 
More info:

1. ANZ is indeed awaiting a 7th gen. COW for the surrounding 29.7. Sounds like it may even be on the minister's desk at this moment.

At the end of this message, I will post a release cocerning ANOTHER COW just issued, suggesting the Indonesians are really getting after this to help stimulate foreign investment in the country.

2. I am now told by very good sources that some of the negative info posted this past weekend is absolute B.S., including the part about the strippers. Fix, you are either SHORTING or have bailed and are trying to buy back in lower, otherwise you would not be writing the way you are.

As far as the geologists "Hawkins" and "Touborg" are concerned, I met with a geologist (who has many years experience) Mon. morning for 1 hr. who knows both of them. These guys are well respected geologists of high integrity, not a couple of idiots boozing it up every chance they get.

********************************************************

Jan. 28 - WDA.ASE - Contract of Work Approved

TRADING SYMBOL: ASE-"WDA"

NEWS RELEASE

WEDA BAY MINERALS CONTRACT OF WORK APPROVED

JOINT VENTURE AGREEMENT WITH P.T. ANEKA TAMBANG SIGNED

Weda Bay Minerals Inc. advised today that it has received official
notice from the Ministry of Mines and Energy that Indonesia's President Soeharto has approved the company's 7th Generation Contract of Work. The Ministry has advised that the signing is planned for the third week of February.

The corporation also advises that it has signed the joint venture
agreement with P.T. Aneka Tambang.

A detailed news release covering the complete drilling program
including assay and metallurgical results will be made in early February.

By Order of the Board
WEDA BAY MINERALS INC.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext