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

To: bill718 who wrote (3504)	6/16/1998 2:51:00 AM
From: brian krause	Read Replies (2) \| Respond to of 4718

Wayne, Kazak has been very stable for the oil industry to invest in. The opposite is true for the mining industry. There are very few Canadian mining companies that have had a sustained share price increase over the last while. The mining industry there has to find a set of rules and a base to build on. Several companies have taken over existing operations and have not been able to perform according to their lisense obligations for various reasons. These have been told to leave. Some are shut down because of investor sentiment . Still others are feuding between controlling share holders. A few you might find of interest are, ING, GDB, WWS, KGFC, and a couple of overseas companies White Swan and Transworld Group. However, SPE is on the forefront of mining in Kazakhstan. They are able to negotiate with the government very well, they are committed to putting there own money into the project. ( Bob Bell and John Menzies have put millions into this and continue to do so. They may be smiling at the low share price since it has been able to get a bigger piece of the pie...if it works...peach pie that is) And then there is the size of the proven and probable reserves. While typing the above I could not help notice how close a mirror image patern SPE and ANZ are on my keyboard. Since I like one maybe I should try buying the other. bk