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Gold/Mining/Energy : BRE-X, Indonesia, Ashanti Goldfields, Strong Companies. -- Ignore unavailable to you. Want to Upgrade?

To: Robert who wrote (27837)	4/7/1998 10:29:00 PM
From: bill718	Respond to of 28369

Higher grade intersection, COWs... ANZ:TSE (Antares Mining) has properties in Indonesia and BC, Canada. They announced a spectacular intersection on the BC property at the end of last year's drilling season which far exceeds the values you mentioned, ie... 4m of 103.3 g/t (3.32 oz./t) Au. They are back on the property next month to resume work beginning with this zone, and have already announced over 1M oz. equiv. Au. on the Indo property, yet the stock is trading ridiculously cheap around 0.30 Cdn. today. Part of the reason is because they are waiting for a COW to come from Indo. I have heard rumors that the next round of COWs will likely come next fall but I have also heard a COW could come much sooner given the political/economic climate there now, so I'm not sure what to believe. Maybe the new minister will expedite the procedure??? Does anyone here have any comments about this? Regards, Wayne