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


To: bill718 who wrote (1569)11/28/1997 7:26:00 PM
From: Gari Rolfe  Read Replies (1) | Respond to of 4718
 
I am very impressed. ANZ is now quite a buy at these levels.
I will do just that on Monday. Price should stay low due to gold climate, but I feel that is good news for those who wish to accumulate

GR



To: bill718 who wrote (1569)11/28/1997 7:27:00 PM
From: Donald F. DeKold  Read Replies (1) | Respond to of 4718
 
Wayne, this is just the first shoe to drop. Remember, we should also be hearing something from AGC quite soon. Early December is what I was told over a week ago.

I agree with you...this is just the beginning...just the tip of the iceberg. Maybe we'll make some believers, yet...but perhaps too late for some.

Don




To: bill718 who wrote (1569)11/28/1997 11:37:00 PM
From: Goldfinger  Read Replies (1) | Respond to of 4718
 
I am Reading the release wrong

or does the NR in fact state there is also
19 million oz of silver if so
what is it worth
and what is the cost to get it out

Regards,
GF

PS: can't wait for monday



To: bill718 who wrote (1569)11/29/1997 3:16:00 PM
From: Goldfinger  Read Replies (3) | Respond to of 4718
 
Wayne here is my breakdown of the value

South Tambang Zone 3,886,000 Tonnes of ore body to process
3,886,000 X .57 g/t gold = 2,215,020 grams X.029 = 64,235.58 oz of Gold
3,886,000 x 121 g/t Silver = 470,206,000 grams x.029 = 13,635,974 oz of Silver

Gold 64,235.58 X $300.00 = $19,270,674.00
Silver 13,635,974 X $5.00 = $68,179,870.00

Total value of South Tambang Zone $87,450,544.00

Jambi Zone 2,909,000 tonnes of ore Body to process
2,909,000 x 1.62 g/t Gold = 4,712,580 grams x .029 = 136,664.82 oz
of Gold
2,909,000 x 10 g/t Silver = 29,090,000 grams x .029 = 843,610 oz
of Silver

Gold 136,664.82 x $300.00 = $40,999,446.00
Silver 843,610 x $5.00 = $4,218,050.00

Total Value of Jambi Zone $45,217,496.00

Total of the 2 Zones $132,668,040.00

this is excellent in the fact that there is still 30 more zones to be reported on plus the 29,7 property next door.

Good Day,
GF