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: Junaidi who wrote (1687)	12/2/1997 8:37:00 PM
From: Dave M	Respond to of 4718

I have held AGC for over two years with the same expectations of higher prices only when we get good drill results the price goes south. First bought under $1, watched it climb to $2, didn't sell on the double cause I thought it was heading higher and I got greedy. Now is selling around $.50 and am still waiting. Hoped that Antares would bring some confidence into this play, might have to wait awhile in this bad market. My point is not to bet the farm and remember to take profits when the opportunity is there. Dave M

To: Junaidi who wrote (1687)	12/2/1997 8:38:00 PM
From: ossie	Read Replies (2) \| Respond to of 4718

Great to hear from you Junaidi,and pleased to hear your rains are continuing over there. Yes,as I mentioned in a previous post,I heartily agree with you that the high silver values at Ojalali are a plus.Maybe once we get past the tax loss selling period here in Canada we will see the ANZ price firm up somewhat. I couldn't agree with you more when you say that the recent releases contain news that any major would be proud of. And one must always remember that tax loss selling season or not,the majors watch what is happening on the exploration front and I would be very surprised if this does not get their attention,especially given the potentially low cost of extracting this ore and therefore the profit opportunity.Even with today's low gold price one could make a case that these properties would be profitable given the proximity to surface. Regards,Ossie