Caussa Capital (formerly Antares) T.CAU Message Board

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

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To: Bay Street Rat who wrote (3787)	7/10/1998 11:59:00 PM
From: Bay Street Rat	Read Replies (2) of 4718

And now for some clarifications over a number of concerns raised: (1) The Rand/CAD exchange rate The drop in the value of the Rand will not affect CAD $2.1M to be received from the sale of Rappa. The currency exchange rate was set at the time the deal was signed, it is in the contract. (2) Lady Lina property Lady Lina property will most probably be sold. The rumour is that Antares is already entertaining an offer. (Yes, people never stop talking in locker rooms, elevators, pubs, bars etc. etc.) The proceeds will probably be used for the new venture in Zimbabwe. (3) Indonesia Insider tracking indicates that the dumping by the Indonesian over the past few months is probably over. The selling currently being done are by those who bought in, 6 to 18 months ago and are bailing.

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