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

To: Donald F. DeKold who wrote (1590)	11/29/1997 11:03:00 PM
From: cruncher	Read Replies (1) \| Respond to of 4718

Donald: Any idea on the number of shorts outstanding. My only hope is that there is a ton of shorts outstanding. I hope that only once that a bunch of shorters get hung out to dry. This news has been totally unexpected in my opinion, in that it was not the release of holes but of a resource calculation. Holes at this time really mean nothing as we have seen in so many situations. My hope is that they can forget about releasing holes as long as they continue updating there resources from time to time. Ban took four years to prove up 320,000 onces and ANZ took six months to prove up 500,000 onces. I can live with that! Finnally a mining company comes out with something tangible results and a good start in their drilling efforts. regards cruncher

To: Donald F. DeKold who wrote (1590)	11/30/1997 6:37:00 AM
From: Goldfinger	Read Replies (1) \| Respond to of 4718

Don based on what we have seen so far IMHO more realistic numbers would be 3 mil oz of gold 250 mil oz of silver now you can discount this because the 2 zones reported on so far were the best 2 targets, also maybe ad in some Tin as this area is also a large producer. Good Day, GF

To: Donald F. DeKold who wrote (1590)	11/30/1997 10:18:00 AM
From: peter matson	Read Replies (1) \| Respond to of 4718

Donald I am certainly no mining expert, however, I do not believe that you can catagorize thes 1st estimates as "proven". If I am wrong please elaborate. Yes and I too remember the days when 12 million onces was bantered around as an estimate b4 reality set in. Regards

To: Donald F. DeKold who wrote (1590)	11/30/1997 10:23:00 AM
From: Donald F. DeKold	Respond to of 4718

Here's an excerpt from a post on the AGC forum regarding mining costs. They refer to a mine in the vicinity of the Toodoggone. ===================================================== Snipped from post #78 on the AGC forum: Message 2825812 "Recent newsletter I got from AGA recounts some pretty nice numbers, especially when you consider Royal Oak's Kemess mine which will go into production in 1998 with an average grade of 0.018 opt which is about 0.6 gpt. They are scheduled to produce 250K oz/yr at an average cost of $US79 per ounce. AGA has much better grades than that. ===================================================== Although we don't have news from AGC yet, these costs are pretty reassuring considering the low grade of ore referenced at the Kemess mine. Don

To: Donald F. DeKold who wrote (1590)	11/30/1997 11:59:00 AM
From: Mike	Respond to of 4718

Donald, if you have asked me 1 year ago where this was going Monday, I would have fully agreed that $1.40 is in full grasp. However in this market it is tuff to say. My conservative side says 75cents at the most for monday but then I think of other big runners such as WTC and think, what antares has shown us far surpasses what the others have and in the case of WTC, they ran above $6.00. Whether this stock goes on monday above a buck or not is not the issue here for me. I have been here for over a year and will wait another year for the stock to go to 15$. If Antares keeps releaseing news like that they will soon have the eye of everyone in the mining community. The release Friday caught a lot of people by surprise, and in this case a Friday release may have been better than a Monday release, except for the fact that it is Thanksgiving in the States. Cheers, to monday..... Mike