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Gold/Mining/Energy : Caussa Capital (formerly Antares) T.CAU
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To: Ray Fidler who wrote (3047)4/9/1998 11:39:00 AM
From: tom shelby  Read Replies (3) of 4718
 
I am not sure if the post on negative comments was directed at me but I will post my thoughts. This forum should encourage both negative and positive comments. This stock did not decrease from $4.00 to $0.30 in vacuum. Everyone should post. The reader can choose to accept or reject those thoughts.

There is another reason why persons post negative items. Management makes mistakes. Management consists of people and people make mistakes. ANZ said a resource estimate would be out "shortly" in a news release over a month ago. Several others have posted that they were informed that it would be done in "three weeks" that was over five weeks ago. I understand things change what concerns me on this issue is: Is this a lack of long term thinking or planning from management? Do they understand the issues well enough to prepare a time frame? Have they been reliable? Can I rely on the information contained in the next news release. These are issues of concern for all shareholders.

Negotiations were under way with EVI in January were significant enough to put out a news release. Now I hear that they don't like the country. This is an excuse. How can anyone begin to evaluate a property without knowing where it is?

I never owned any Coleville. I purchased ANZ in the $0.40+ range late last year principally because a) cash position b)BC property and c) slow down of indo property (which I view to be a big negative and a major cash drain)
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