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

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To: David B. Hartman who wrote (2427)1/28/1998 3:21:00 PM
From: bill718  Read Replies (1) of 4718
 
David, it could drift down on low volume. Some people are losing patience, however in the midst of much confusion I am holding.

1. The COW could come at any moment. That would be very significant IMO.

2. EV deal unknown, ie: go or nogo??? Good drill results are rumored to be coming from EV and if ANZ does a JV, it could help the sagging share price.

3. Many people are sitting on the side watching Indonesia. Personally, I think we are seeing some pretty good news the last few days indicating the country will get their act together. If that happens and ANZ puts out spectacular news (say 2 or 3 mos. from now), then the price will go straight up.

4. BC - resource est. likely at least 1 mo. away, but that could be accelerated now because the co. received a lot of interest at Vancouver in Toodoggone. It may receive higher priority if the co. thinks that is warranted.

So, many unknowns but I would hate to be on the outside looking in when some good news arrives. It's been a long time for me.. a couple more months won't kill me, and even if it does pull back further I don't think it will matter in the end.

Regards,
Wayne
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