Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: john who wrote (3543)	6/19/1998 6:38:00 PM
From: Gabe Heti	Respond to of 4718

As I understand it Strathcona provided Antares with a report which was going to be the basis of the news release that was supposed to have been issued last month. Instead of issuing a news release Antares put the Strathcona results in the Annual Report. I never heard that the Strathcona report was to be sent out with the Annual Report. No one is putting much importance on the Strathcona results. The Creek Zone will make or break this stock in the near term. Let's hope the results are good and we don't have to wait too long to find out. Gabe

To: john who wrote (3543)	6/19/1998 10:43:00 PM
From: bill718	Read Replies (1) \| Respond to of 4718

John, I was NEVER told by the company that a Strathcona report would accompany the annual report. Only 67k oz. reported (EXCLUDING CREEK of course) so it hardly seems worth it anyway, but then Strathcona used a ridiculously high cutoff, ie, 4.3 g/tonne. I think had they been far less ruthless we WOULD have seen a news release AND a lot more gold reported. Using Strathcona is a double-edged sword ...ultra-conservative mine-busters on the one hand, but little chance of fraud and credibility galore on the other. Also keep in mind that if we strike it rich at Creek zone, this will affect the economics and feasability tremendously of mining lower grade deposits at the site so areas grading much less than 4.3 g/t could still prove valuable in the long run (as long as POG doesn't fall further). Regards, Mr. Positive