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Gold/Mining/Energy : ANZ.TOR. ANTARES MINING

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To: peter matson who wrote (25)2/24/1997 10:33:00 PM
From: john   of 37
 
peter, please re read my reply i said rumor mill.
i do believe news will be out this week or at least should be. it will all depend on how the j/v signing is coming. my understanding at this 11th hour is that there are still some minor issue's to resolve.

peter, the rumor mill last sept was 12 million oz proven with a potential as high as 30 million on 10% of the property. peter please remember that's a rumor mill.

latest rumor today at the ase is that the results are spectacular, possibly as high as 24 million.

CAUTION THESE ARE ALL RUMORS RUMORS ONLY THIS IS CERTAINLY NOT CONFIRMED.

we have had a geologist look at the results to date and they liked what want they saw suggesting all the geology is in place for a motherlode of a find. WHO KNOWS???

the property has been drilled BUT once again it was done by the former owners, these results were not acceptable to the ase as they apparently were outdated.

anz only recently became involved with this property, cll has had results and rumors flying since may of 96. heck i know people who are in at 22 cents. i believe febuary 1996.

i do apologize if you feel that my previous post was uncalled for but please re-read it i do qualify it as a rumor just as this one is rumor.
regards
john
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