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

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To: Luc Beaugrand who wrote (3422)6/9/1998 7:27:00 PM
From: The Fix  Read Replies (5) of 4718
 
Luc...Your asking If I have anything to say?

I always have something to say (you should know better than that)! But, I believe that your talking about my thoughts on this SPE/ANZ Deal?

First off lets wait and see what the Due Diligence comes up with from our ANZ Management. Kazakhstan is a dangerous place to do Business in. Lets hope that there is real gold in Kazakhstan and not some "Pipe Dream-Elevator Shaft". Menzies is a crook that sucked cash out from Steppe, The Street knows this well! Steppe was in Dire Straits and The Good ship ANTARES sent a life raft to him. ANZ has it's foot in the hole and bought 20 points of the action. IMHO this is a very good deal for ANZ, if everything is what it appears to be.

With new mining regulations (post Bre-X) around the corner about to be implemented....Lets hope that Menzies isn't dumping off Kazakhstan Mountain goat pasture to ANZ Brass <g>.

My feeling's is that The stock will slide back down to the low .30's come Thurs. and Friday and stay there for a few weeks until the B.C. action heats up (That's when I'll add to my position). This deal has Hendrickson written all over it. Why is Jones Gable the Net Seller again today??????? This is a bigger question to be asked and mulled over.....Isn't Gable the M.M. on ANZ paper?

As far as RAPPA is concerned.....It's as good as gone for 5 Mil to the S. African Partner. Remember..... I was the first one to mention this on the thread several months ago and I got blasted for it!

You telling me that you hold 150K of ANZ paper doesn't turn me on one bit Luc. I spill more at the bar on a Saturday night.
Telling me your position in a stock is like telling me that Your D!%K is bigger than mine.......Who cares Luc! The bigger question is have you sold it for a profit Yet and How much money did you make last year off of the markets?

Buy for now!

Fixer.....Watching on the sidelines with cash at hand!
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