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Gold/Mining/Energy : Caussa Capital (formerly Antares) T.CAU -- Ignore unavailable to you. Want to Upgrade?


To: john who wrote (1551)11/26/1997 9:42:00 AM
From: Brian Warner  Read Replies (1) | Respond to of 4718
 
john, I agree that pog is a bigger part of the problem, along with the day-to-day concerns of mining results. Wayne and I have both held positions in another company (Peruvian) that has a fairly solid record and money in the bank-- I think it could be roughly compared to Antares. They just announced significant copper values in one of their projects and the stock dropped a few cents. I wonder just how good the results for ANZ would have to be to get share prices where we would all like to see them.



To: john who wrote (1551)11/26/1997 9:48:00 AM
From: bill718  Read Replies (2) | Respond to of 4718
 
I have heard we may see $250/oz., and have also heard gold is about to take off....so many factors and so many differing opinions from respected economists and analysts, but whom do we believe?

My feeling is that the amount of gold/silver found/announced by ANZ over the next 6 mos. will impact the share price moreso than the POG provided as you say, it is reasonably economic to mine.

...and I know from talking to the co. that economic mining is a VERY important factor when they choose the areas to drill.
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Brian re. PVO: at least there was a small rally after the news before the price drop!

Regards,
Wayne