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

To: tom shelby who wrote (3054)	4/9/1998 11:58:00 AM
From: David M. Lomow	Read Replies (1) \| Respond to of 4718

What gives? i just checked yahoo and i've got Anz up 8.5 cents on 110,000 volume. Is this stock really that tight on the supply side or is this a little fake-out to promote some hope? DL

To: tom shelby who wrote (3054)	4/9/1998 1:47:00 PM
From: Ray Fidler	Read Replies (2) \| Respond to of 4718

Tom: Your name was never on my mind when I made my last post. Of course all comments, whether negative or positive, are welcomed on this thread. Everybody, including the Antares management team, makes mistakes. We need constructive comments, not those that tend to drive the company to the ground. As for the stock being $4.00 one time that was hype that did it. Not a single drill hole resulted in the quick rise from about 70 cents to just over $4.00 . I have mentioned communication problems before and the two that stick out are: (1) the timing of the B.C. resource estimate, and (2) the EV negotiations (if they were discontinued it should have been announced) Regards, Ray Fidler

To: tom shelby who wrote (3054)	4/9/1998 3:51:00 PM
From: Gabe Heti	Read Replies (1) \| Respond to of 4718

Talked to Bob Yeoman to clear up a couple of things that were unclear to me. But first, I mentioned that the resource calculation was due out in three weeks. That comment was made two weeks ago, not five as you stated. Resource Calculation vs. Reserve Calculation: We are expecting a RESOURCE calculation not a RESERVE calculation as was asked a few posts ago. A reserve calculation requires a large number of closely spaced holes. This will not happen this year. A resource calculation provides an INDICATION only of what may be in the ground but requires much more work to move towards a reserve calculation. As far as Strathcona's role is concerned, they will be coming up with the resource calculation on the B.C. property, with ANZ checking the calculations done by Strathcona. In Indonesia, MRA will do the resource calculation with again ANZ checking the calculation and the results. MRA is doing the drilling in Indonesia. Strathcona also does checking of drill results at both properties. It appears that ANZ is doing what's required to assure investor confidence that drill results and resource calculations are clean. I am still looking to a resource announcement on Toodoggone in the next week to ten days. Gabe