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

To: Goldfinger who wrote (1682)	12/2/1997 7:52:00 PM
From: ossie	Read Replies (3) \| Respond to of 4718

For all on the thread interested in the future of ANZ(as I'm sure we ALL are) No doubt everyone is disappointed that our favorite investment didn't make a big leap forward in price today. One must remember,however,that we did make a big leap forward IN FACT over the last days. ANZ now has proven resources in one locale and what could turn into HUGE resources in another locale. The fact that the market price of ANZ doesn't reflect all this at this point can,IMO,be attributed to several things: a)The continually flagging gold price. b)Tax loss selling.Let's face it,the junior resource area of the market is really the only area that is in the dumper for calendar 97 and therefore will naturally be the area to feel the heavy brunt of this selling. c)Because of a)and b) nobody is watching the exploration adventures of the juniors too closely.Also ANZ is not exactly a well known,heavily promoted name company!!! I have in previous posts urged patience,and I would again urge same.Rome was not built in a day,as they say,but we now have evidence that ANZ has two really exciting properties and we must wait and see how they develop. It would be EXTREMELY hard to make a case that ANZ is OVERVALUED at these prices.We just need to have patience until that value is recognised and shows itself in the share price. Ossie

To: Goldfinger who wrote (1682)	12/2/1997 8:49:00 PM
From: The Fix	Read Replies (1) \| Respond to of 4718

Year End Tax Selloffs Had no effect on todays trades! Todays action after the halt lift has nothing to do with Tax selloffs, The Market was not expecting news like this today from ANZ! Let's face facts folks this one hole from B.C. is comparable to results as Bre-X had with the Busang central zone (before I get flamed, I'm not sayin this is a salt job). BROKERAGE HOUSE MONEY WAS NOT READY FOR PRIMETIME FROM ANZ!!!! That's why we had alot of Cross Trades between houses, Jitney accumulation of the stock and shuffling of paper. The price was kept down for a reason. From what I see alot of paper that was for sale from retail holders was swooped up and not many reatail buyers orders was filled. I myself executed an order in for .53 after the halt was lifted. It had plenty of time to fill....It didn't! It made two trades at .53 and dropped down to .52 and jumped back up to .54, .56. This is known as selective accumulation folks! The sellers were selling "At Market" to a select group of "Buyers". Here's something interesting Before the halt Gordon Sold 105,000 shares, after the halt Gordon only sold 2500 shares. I'm holding on to my shares Folks and Buyin more at these levels. When something is this good there has to be shaking out of shares from the little guy. In the early days of BXM this kind of $&!T took place every day. This play is for real and watch the volumes start churning over the next few weeks. Fixer

To: Goldfinger who wrote (1682)	12/2/1997 9:00:00 PM
From: The Fix	Respond to of 4718

From USA Gold site.......... MARKET UPDATE (12/2/97) AM-----Gold rebounded this morning on news of Japanese intervention in the currency markets to bolster the yen and dampen the dollar -- the first such intervention since 1992. Gold also shrugged off the addition of 28,000+ ounces to the COMEX warehouse stocks. Stocks now stand at 746,000 and were under 500,000 two weeks ago. The London market led the way this morning with gold up almost $2 there on short covering and fund buying. The rally has extended to New York in early trading. The move up in London interests gold analysts because it was London that led the way down toward the end of November. In moving against the dollar, an un-named international monetary official warned in a Reuters report that "the U.S. dollar's rise not only against the yen but also other Asian currencies such as the rupiah would have a big impact on the United States because that would cause competitive devaluations." Buried in press reports last night was news that China was planning to devalue the yuan again. It was China's devaluation two years ago that ignited the Southeast Asia currency crisis. There move last night prompted Japan's action this AM. Watch out for more the possiblilty of more fireworks in Asia and Latin America. Those who read this report regularly know that we have warned all along that the dollar would have to come down "by whatever machination" to keep another round of devaluations, crashing stock markets, bank crises, etc. from occurring in Asia. We still believe that the United States is not immune (just another domino), but unlike other analysts we see the impact in the United States as inflationary, not deflationary, although some disinflationary numbers might still come up over the next 30 to 60 days. The IMF bailouts are meant to counter deflationary forces particulalry in Japan and Korea but these are saver/export economies. The U.S. is a credit/import economy. The former is inclined toward a deflationary bias in the economy; the latter inflationary when things go bump in the night. We still do not know how the bailouts are likely to affect the nations making the loans but, although all this makes for nice press and calm markets, its still the taxpayers of the countries contributing to IMF that are footing the bill. And this is a huge bill -- possibly as much as $150 to $200 billion when all is said and done -- although the standard press seems reluctant to provide us with a number in this regard. We expect the dollar devaluation to continue as a long term, agreed upon policy. We expect Japan to be the enforcer in this regard. WITH THEIR DOLLAR RESERVES, THEY DO HAVE THE MUSCLE TO DRIVE THE DOLLAR LOWER IF THAT'S WHAT THEY WANT. More later if warranted. If not, this will be it. Fixer