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


To: Gari Rolfe who wrote (2602)2/9/1998 6:08:00 PM
From: john  Respond to of 4718
 
Management Update re Coleville

I understand that Mickey Mouse has been appointed President and Snow White has been made chairwoman of the board........

you guessed it the seven dwarfs are now directors....

telephone 1-888-go-disney....

Personally I am considering going back to this stock as the new board as outlined above is certainly more honest then the previous...

regards
john

ps gari, notice did not cll bash, it was hard not but I think under the leadership of Mickey and company you may have some hope, anyone else and your money is likely gone.



To: Gari Rolfe who wrote (2602)2/9/1998 8:32:00 PM
From: John Alan Snape  Read Replies (1) | Respond to of 4718
 
Gari, Management updates re:CLL

The new president, Bradley Wilson has taken over to give the
company some direction. He was a major shareholder based out
of Toronto and is believed to be connected to David Bourne. It
was obvious that he was a little disgruntled, much like all the other
shareholders that the communication was poor. He is hoping to
provide some much needed leadership as far as administration,
public relations and direction are concerned. I personally have not
spoken with him but many others around here have. They have
all had the opinion he is doing his best.

They are presently in the Cayman's attempting to make a decision
between going it alone on the Pemon find or shopping it to a major.
Apparently he is in favor of the joint venture and the others are in
favor of going it alone.

One individual of our group had lengthy conversations with all the
directors and the head guy at the Pemon site - Attwood. He came
away with the opinion that Bradley has satisfied himself through an
independent site examination that they do have a diamond mine.
Of what size no one knows but they apparently have this verified
data right now in the Cayman's. ( Please before anyone buys this
stock make sure you read it in a news release first. ) We have also
learned there "could" be 20 volcanic pipes containing diamonds.
(again wait for proof of this in a news release) It may also be large
enough that some of the comments passed around were that it
may run $5 to $6 dollars in this bad market on the news. Very
difficult to believe until we see the size of the find. We also understand that there is considerable placer gold being taken out
as well.

The new president is attempting to clean the board of directors up
and place his people in for more control purposes I would imagine.
He is also going to set up new offices once this meeting is over and
they know the direction they are going to go. (to answer your question).

IMO this would be a better stock if they did shop the find to a major
on a J.V. But time will tell. The reason for the delays was Bradley
wanted to redo all the flyovers etc. to ensure accuracy for news
purposes and the ASE. We all know how bad this stock has taken
it on the chin. None of us are going to believe anything anymore
until we see it in a bona fide news release.

I hope this has been of some help.

John S.