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

To: Surething who wrote (1817)12/14/1997 2:41:00 AM
From: The Fix  Read Replies (1) | Respond to of 4718
 
Surething.....According to Peter from ANZ IR, the website should be up and running in about a month. The cash position is about 8 mil. Cdn. which will keep them going for the next two years if the current market conditions remain the same. This will be working both the Indo property and B.C. property. When market conditions improve, I'm sure that additional financing will be done at higher levels as they will need $$$$$$$$$ for the mines for Ojali. The ace in the hole for this Co. is Rappa and the increasing Silver prices. The Gray's are well connected to the "Bay Street Finance Club". These Boyz at the helm aren't "Beer Drinking truck drivers" (David Walsh). In a month ANZ will be doing a Road Trip around Western Canada. I'm sure that they'll make a pitstop in Vanc. Check them out, I'm sure you'll be quite surprised at what this play has to offer!

Fixer



To: Surething who wrote (1817)12/14/1997 10:54:00 AM
From: Mike  Respond to of 4718
 
The F.D. cash position is about 29 cents per share. On top of that they have Rappa Holdings, which is highly profitable and growing very quickly, and two promising properties in B.C., and Indonesia (504 000 ounces already proved on but a small portion of the property). Not bad for 41 cents.......
I have been told that they wont have to raise money for about two years, unless there are drastic changes in there property exploration.
Mike


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