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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 (2152)	1/7/1998 1:00:00 AM
From: bill718	Respond to of 4718

Interesting EV director: According to info on EV's website, it looks like one of the directors is well qualified to be mining in Yugoslavia, ie: Dr. Dragoljub Jujic, M. Eng., has had in excess of 30 years experience in the Mining sector. In 1974 Mr. Jujic obtained a Masters Degree in Mining Engineering from the University of Belgrade. He has published 31 scientific and expert reports in Yugoslavia and foreign scientific publications. For 8 years he held the most senior management position with the Mining Institute which empolyed 360 workers (170 of which were engineers, specialists and/or doctors of sciences.) At the time the Institute was the most powerful of its kind in Yugolsavia, and Mr. Jujic was responsible for the projecting and construction of all new mines for the production of coal, metals and non-metals in the country. This and more is available at the EV website: erinventures.com

To: The Fix who wrote (2152)	1/7/1998 2:35:00 AM
From: CIMA	Respond to of 4718

< OFF TOPIC RESPONSE TO THE FIX > Thanks for the response. I understand the difference you are describing between the two corrupted societies. I've never been to either, but I have lived in Mexico for ten years where I founded and managed one of the largest management training companies of its type in Mexico City ( sold it before the '94 devaluation, got the money out and now maintain a residence there ). How one does business in Yugoslavia sounds very much like Mexico. Money and contacts ( white skin helps in Mexico ) will get you virtually anything you want or out of any trouble you're in. The people have no respect for or trust in authority and basically it's dog-eat-dog for survival. Create too much of a problem and you will be removed. While there are laws for everything on paper, the country is really in a state of lawlessness because the authorities can't enforce what they easily accept bribes to ignore. Wayne's next post re EV's Yugoslavian board member is right on. Without a well-connected, politically-correct local insider there's no way they'd make it. Indo is similar in many ways but sounds like a tightly controlled police state/dictatorship. Only recently have the people en masse begun to question national authority. I doubt the corruption is as endemic system-wide. I agree that it exists mainly at the top. Obviously, ANZ must have people in the right places over there.

To: The Fix who wrote (2152)	1/8/1998 3:10:00 AM
From: Surething	Read Replies (1) \| Respond to of 4718

Thursday January 8, 2:20 am Eastern Time Jakarta stocks down over 17.5 pct in afternoon trading. JAKARTA, Jan 8 (Reuters) - The Jakarta stock index fell 17.5 percent in afternoon trade on Thursday on unsubstantiated rumours that President Suharto would not seek re-election in March, brokers said. Government officials were not immediately available for comment on the rumours. At 0710 GMT, the composite index was down 18.50 percent at 321.29 points. Brokers said rumours that Suharto was unwilling to stand for re-election were sweeping the market, but added there seemed little basis for the talk. Earlier, the stock index had plunged over worries that the government did not have the capabilities to handle the economic crisis. Related News Categories: US Market News, international