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

To: Goldfinger who wrote (1574)	11/29/1997 1:55:00 AM
From: bill718	Read Replies (2) \| Respond to of 4718

Goldfinger...Gold and plenty of silver discovered on S. Tambang. My interpretation of the release regarding exploration in this zone so far, is that a defined resource of about 65,000 oz. of gold + enough silver to equal 271,000 oz. of gold in value (estimating the coversion factor to be 57:1), is what the release is telling us (unless I have made an errrror). I could be off on this, but I am assuming a ball-park figure of $4-$4.50 /oz. for silver production costs and a 57:1 conversion means my previous posting yielding share value $1.01 U.S. for the 504,000 oz. gold equivalent still holds true. I think this is a very encouraging release in general, and I am expecting a buying frenzy come Mon. when people realize this is starting to look like the real McCoy after-all. ...on another note, FOR A COUPLE OF VERY GOOD ARTICLES CONCERNING GOLD CHECKOUT THESE 2 FROM THE WORLD GOLD COUNCIL WEBSITE: gold.org gold.org Regards, Wayne