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: The Fix who wrote (1814)12/12/1997 10:32:00 AM
From: bill718  Read Replies (1) | Respond to of 4718
 
Morning Fix and all:

The drills are still going 24h/day at Ojolali, and so far the rainy season has not slowed down progress.

There are not likely to be any news releases till Jan., which I personally believe is the best course of action.

Further, we can expect a fairly aggressive promotion starting in Jan., which again I think is timed right. This should have quite an impact IMO, because by the time presentations are made more info should be publicly available. I will definitely be attending one of these in Western Canada.

Until then I would urge everybody to consider this: cash value hi 30's, and the previous bottom was .38 WITHOUT all the positive info we have seen on Ojolali. Current depth shows good support .40-.41 and I am hoping it does not pull back any further.

Most of my sources now feel the majority of tax-loss is over so if this is true, we could see a reversal in direction at any time, perhaps as early as next week IMO.

Regards,
W. Wolinski



To: The Fix who wrote (1814)12/14/1997 1:47:00 AM
From: Surething  Read Replies (2) | Respond to of 4718
 
Hi Fixer, Does Antares have a website? I've done a little checking about on this one and I'm starting to sniff a bottom here.

I would really like to know what their cash position and monthly burn rate is.

TIA

Surething