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

To: Gabe Heti who wrote (3286)	5/22/1998 12:40:00 PM
From: Ray Fidler	Read Replies (2) \| Respond to of 4718

To All: I had a very pleasant telephone conversation with Peter Southward just a few minutes ago. The B.C. resource estimate is coming soon, possibly as early as next week. Mr. Hawkins is very busy getting the operation going on the Creek zone, within the next few days. We should get some results in June on the zone. Antares has done all it can do to get its COW for the Indo property. It's up to the Indonesia government now, and with the problems there, it may take a little while yet, but it could be granted any time since the Indonesia government knows it needs foreign investment badly. Peter is working on the annual report which the shareholders should be getting in June - I believe Peter said early June. I feel that these people at Antares are as anxious as the shareholders to see some good things happening. Even though communication seems to be lacking the staff at Antares are very busy to create value for its shareholders. If you have any questions don't hesitate to call Peter about Antares' operations. I can't wait until next month. Regards, Ray Fidler