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


To: Mike who wrote (2038)12/31/1997 1:22:00 PM
From: John Alan Snape  Read Replies (1) | Respond to of 4718
 
Mike,

The groups I am in contact with are in Vancouver, Calgary,
Saskatoon, Yorkton Sk., Ontario (two cities). We are basically
very interested junior stock investors. We try very hard to source
all information outside the inner ring and then attempt to confirm
or deny the rumours through the directors. We do try to remain
loyal to the company as it works much better in the long run. This
however does not guarantee a return on your investment as it still
has to be proven up. Directors and company insiders of course will
always promote their own stock. So the play is to confirm rumours
consistently through credible, reputable sources without breaking
any securities laws. If the information remains accurate for a long
period of time such as in the ANZ/cll saga then we tend to move
with it. But cautiously until you see it confirmed in a news release.

Yes, ANZ is number one on my list with CLL a close second. I know
you guys are not big on CLL due to management etc. BUT I buy my
stocks based off of many parameters and CLL is one to do your
own due diligence on. If this diamond play is legitimate then CLL
will move forward significantly regardless of those upset with them.
I find it easier not to get to emotional with a stock. As we have
seen stated by many on these threads - Patience is the virtue.

jas



To: Mike who wrote (2038)12/31/1997 1:26:00 PM
From: John Alan Snape  Read Replies (2) | Respond to of 4718
 
Mike,

My apologies. I forgot to answer your first question. I do not know
for a fact if Barrick did any drilling. It is my belief the answer is no.
They only did some serious deep channeling/trenching and then
using the old china gold drilling results did some extrapolation or
guessing. But again I do not know the answer to this for sure.
Barricks geologist are very thorough and would not negotiate
against themselves therefore I believe they were not far off in their
estimates.

jas