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: Goldfinger who wrote (1909)12/21/1997 10:57:00 PM
From: Little Joe  Read Replies (1) | Respond to of 4718
 
Goldfinger that is correct.The costs of running all these drills are
quite substantial and are on going operating expenses. However a major
part of the depletion has been the contractual guarantees on Antares
various projects around the globe.



To: Goldfinger who wrote (1909)12/22/1997 1:39:00 AM
From: Mike  Read Replies (1) | Respond to of 4718
 
I know that a lot of drilling has taken place, but for the kind of money spent in the last 45 days, it would justify 200 holes in this same period. I am only digging into this subject for two purposes, one: to see why so much money was spent, and two: how many holes have been drilled to date, to see what we can expect for the new year when this stuff is released. If they do have a couple houndred holes to release, then this resource estimate could jump to 3 or 4 million pretty quick.....
Mike