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

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To: bill718 who wrote (3193)4/30/1998 1:25:00 PM
From: bill718  Read Replies (2) of 4718
 
For anyone new on the thread...

Just want to ensure any new readers understand the CLL RJX deal has NOTHING to do with ANZ, nor does management of CLL. They are 2 separate and very different companies tied together only through their common interest in Ojolali, with ANZ calling the shots on the project.

If all goes well we will see the first resource est. for Toodoggone next week, and results for the next creek zone hole by mid-June. In the meantime exploration at Ojolali continues with 2 drills turning while as we wait for a COW to be granted. The latest news on the IMF bailout has been positive and all indications are that the next cash infusion is coming soon to help the Indonesians get their house back in order. I expect once the pressure backs off Suharto a bit he will have time to do some COW signing (he's been a little busy lately with more pressing matters).

Wayne

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