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

To: The Fix who wrote (2084)	1/3/1998 12:54:00 PM
From: Anand K Sharma	Read Replies (1) \| Respond to of 4718

IMHO ANZ should concentrate on OJALALI. A bird in hand is worth two in bush. I am not an expert manager but I think ANZ management is wasting precious money on many fronts. They are overestimating their finances and underestimating the expenses. Remember, before CLL, there were Australians and Chinese at Ojalali and then there was CLL. All had to abandon their share and CLL got back a tiny portion after long periods of legal threatening struggle, ALL because of lack of money. 6 or 9 million, whatever they have is peanuts. Besides, more fronts there are, more it diverts the attention of management. Once OJALALI is under control, they would have enough command of financial world to take on any projects. Again, then, I may be all wrong and there may not be anything worthwhile at Ojalali. If I was such an expert. I would be a big manager somewhere. I am just a little tired of long wait to see this stock doing something. Management keeps on playing these money games and we spend endless hours on this thread analyzing thier moves and translating it to the value of the stock. Probably, the management is right. The new year is here and I hope this stock is worth all the hype. I have been very bullish on this stock but if it continues the same pattern until the end of January, I shall lose faith. Thanks Guys.... Anand (AK)

To: The Fix who wrote (2084)	1/3/1998 1:23:00 PM
From: CIMA	Read Replies (1) \| Respond to of 4718

Can corruption in the former Yugoslavia be worse than in Indonesia? I can understand from a " lawless " point of view I suppose. Indo gov't still has tight control ( though threatened ) while uncertainty may still exist in the former Yugoslavia. Please elaborate.

To: The Fix who wrote (2084)	1/3/1998 7:37:00 PM
From: Michael M. Cubrilo	Respond to of 4718

I agree with what The Fix has to say about doing business in the former Yugoslavia. Under Socialist rule, Yugoslavia developed the majority of its own resources. Not everyone, perhaps, had the strong work ethic or developed the properties in the most efficient manner. Hence, there are probably many missed opportunities now waiting to be exploited. At what cost to the country and its people, is another discussion. Unfortunately, with the collapse of Titos Yugoslavia, you now have (as The Fix has pointed out) a land where money talks and organized crime is rampant, similar to post communist Russia. Erin has in the past made mention of the Aleksinac deposit and the development of methane gas from the coal seams in that deposit. This is a separate project from the Boron deposits. I would think that the unexploited Boron would be more lucrative, so I am not sure which deal ANZ may be involved in. I have always thought that many of the oil fields in the former Yugoslavia may also need Western technology to properly exploit as much of Yugoslavia's best and brightest engineers, scientists, etc.. have left the country creating a huge "brain drain". Erin has long been touted/promoted by another i-net writer - Christos Livados (Mega-Maga).... anyone else get his e-mail? Still holding my ANZ. mc .