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

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To: bigtime who wrote (3087)4/12/1998 5:12:00 PM
From: ossie  Read Replies (2) of 4718
 
While I have not posted to this thread lately,my confidence in ANZ's potential remains unshaken,as does my LARGE position in the stock.

To give a target price over a period of time is,however,sheer folly!!!!

This applies not only to ANZ's future,but any future security price movement.NOBODY can tell you what other investors are going to do in whatever circumstances occur in the future,and if you can't tell that,you can't tell supply and demand pressures,and therefore forecast price movement.

ANZ has significant potential with it's exploration efforts coming up in B.C.,and IF they come up with more holes which assay similar to the Creek Zone hole completed at the end of last drilling season,then the price WILL move up significantly.

How far up is anyone's guess,and only fools would hazard a definitive estimate.

Ossie
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