Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Donald F. DeKold who wrote (1600)	11/30/1997 11:06:00 AM
From: peter matson	Respond to of 4718

Donald the whole thing is that these terms are used in the mining industry by reputable companies. Did Antares press release mention anything about proven reserves? So are these calclation proven, probable, or drill infered. If people want credibility for the companies they are touting then the proper terms should be used. Lets face it there has been enough crap coming out of that part of the world in the form of reserves already and what we need now is credibility.(not hype) And dont you think its a giant leap in faith to assume that since on one part of the property you hit an ore deposit that it will continue throughtout the entire package. Maybe someone should start making resource calculations for neighbouring properties since god knows this deposit could go on forever. Regards

To: Donald F. DeKold who wrote (1600)	11/30/1997 12:00:00 PM
From: peter matson	Read Replies (2) \| Respond to of 4718

Donald the whole thing is that these terms are are used in the mining industry by reputable companies as standards for investors to make rational judgements. Did Antares press release mention anything about proven reserves? So are these calculations proven, probable or drill inferred? If people want credibility for the companies they are touting then the proper terms should be used. Lets face it there has been enough hype and misinformation coming out of that part of the world in the form of reserves already and what we need now is credibility.{not hype} And dont you think its a giant leap of faithe to assume that since on one part of the property you hit an ore body that this deposit will continue throughout the entire package? Maybe someone should start making resource calculation for neighbour properties since god know this deposit could go on forever! Regards