SI
SI
discoversearch

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: Keith Donaghy who wrote (1733)12/4/1997 7:28:00 PM
From: bill718  Respond to of 4718
 
Forgive me for intruding but Mike was right on with CLL. I think he has always called it honestly according to what he felt at the time based on his info and market conditions which continually change.

ANZ will likely do very well long term and I have a fair no. of shares myself, however this is Dec. and just about ALL mining stocks pull back as we approach xmas from their Dec. 1 levels. I believe we are only stating what normally happens when we say a temporary pull-back from these levels in very likely. Just look at the action the past 2 days which suggests this is indeed possible....16,500 ANZ shares sold today @ .45.

I have discussed this privately with 5 other seasoned investors to ask if I am missing something here, but they all agree with me. In fact, one of them sold 50k ANZ yesterday and told me late last night he would not even consider buying back in for weeks.

Further, we all ended up with our jaws on the floor after the last news release. Most of us (myself included) were expecting a tremendous market reaction to the news...however reality intervened and just look at what happened! We were all staring at our computers in dis-belief thinking there must be something wrong with the quotes. The thread went to dead silence as if in mourning.

Remember, I am still very optimistic about ANZ for next year...it's just Dec. we have to live through.

Regards,
W. Wolinski




To: Keith Donaghy who wrote (1733)12/4/1997 8:15:00 PM
From: john  Respond to of 4718
 
Keith, Mike had good information and like a lot of us smaller guy's is getting impatient.

I remember when CLL was going down the tubes and you and others ran both myself and Mike into the ground.....well Keith you can use any leftover CLL shares for toilet tissue. Oh yes they own 13.5% of a property that they once held 90% of, but the big question is will cll management pass any profit to the shareholder's???
My answer: NO WAY.

Mike cheer up it will happen, have a good xmas and new years will take care of itself.

a note: at these levels any of you shareholder's holding that worthless piece of SH*& coleville might consider selling and moving over to the operator of the property. When news of this gets out consider the following:

1 as a new investor who would you buy coleville or antares, i know who i would buy, you answer that question truthfully and you will have your answer as to what coleville is worth.

Keith i do not believe your comments to mike are at not called for.



To: Keith Donaghy who wrote (1733)12/4/1997 10:27:00 PM
From: Mike  Respond to of 4718
 
No Keith, still LONG as ever on this one. It is my only holding and will be for some time. I was just confused as to why ANZ only released the one hole from the numerous they had.
I have stated before and will state it again that ANZ is rediculously low at these prices, and 1998 will realize the true value of our favorite stock, but nothing will be able to stop any tax selling in this gold market. Rememeber, in 1997, we traded as high as 4$ and now we are sitting at 40 cents. There are a lot of advantages of selling at these prices if you bought higher, but I am trying to stop people from being discouraged when they see cheap prices. They do not reflet this stocks true value.
Mike