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


To: Mike who wrote (1795)12/10/1997 9:23:00 PM
From: ossie  Read Replies (1) | Respond to of 4718
 
Evening all,IMHO & FWIW I actually like the pattern of trading in our favorite stock over the last few days.WE're not getting rich on it,but I smell accumulation and a slow end approaching to the tax loss selling.

I also think Mike has a couple of good points in his last two posts.ANZ has a significant amount of silver in it's deposit results so far,and the price of silver has been very strong for a few weeks now.

Also,I wouldn't be surprised to see an upping of the Ojalali resource estimate in the next week or ten days.Remember that new assays are coming in all the time and should enable revision on a fairly regular basis.

On the minus side,POG is a problem,but one has to remember that at this price,virtually EVERY South African gold mine is losing money!!!Mine closings over there are occuring almost daily,although not widely published over here.One has to think about what that does to the supply/demand equation.HAS to be a positive!!!

I still have to believe that it is hard to go wrong buying at these levels.

Ossie