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

To: Mike who wrote (2036)	12/31/1997 12:53:00 PM
From: John Alan Snape	Read Replies (2) \| Respond to of 4718

Mike, Yes the numbers you and john have been hearing are exactly what we have been hearing. But I would like to clarify that it does need to be proven up. We did have a very interesting conversation with Jens Touborg. He was very high on ANZ, management and the Indo play. It was a very positive conversation. He was very careful in what info he was giving out which is how it should be. But we did manage to extrapolate from the conversation that '98 will be big for this stock. One more note, Barrick had worked approx. 10 zones to arrive at an approx. estimate (potential) of 12 million oz. This is unsubstantiated and needs to be taken with a grain of salt. However, it has never been denied either. ANZ has further developed another 24 zones approx. of which their biggest so far is in the tambang. This was not in Barrick's area. This would lead me to believe that Donald Dekold may not be far out in his estimates on the overall field. Although none of us actually want to be as bold as he to speak those kind of numbers on this type of forum. Again it needs to be proven but it does look very exciting for a junior, even in a bad gold market. jas