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


To: bill718 who wrote (1835)12/15/1997 10:30:00 PM
From: Little Joe  Read Replies (2) | Respond to of 4718
 
Spoke to Peter in IR today

He confirmed that the company has about 6 million in cash.This equates
to about 19 cents per share.Currently paid up with no debt and they
have taken steps to reduce the burn rate as much as possible and
contine their program.Thus all aspects of operation are under review.
They are hoping to have new resource numbers early in the new year.
Dennis Grey is now in Africa. Expect releases when he returns in
January.Peter is very optimistic about this stock in the new year and
so am I.