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

To: CIMA who wrote (3732)	7/8/1998 10:01:00 AM
From: THE SKEPTIC	Read Replies (2) \| Respond to of 4718

The amount of bs and hype on this thread is amazing.I recently sold all my anz immediatly after the drill results and shorted and let me tell you why.The toodogone area is very familiar to me.My father worked for a drilling company up there when Energex minerals were exploring that area and I was loooong on energex.Yes there is some real hi grade material up there but the common problem was that the width of the deposits are commonly very narrow and repeating a good hole 10 or 20 feet from a hit seemed to be impossible.ANZ carefully worded that news release but if you read it carefully you will realize that the results were not "encouraging" but in fact a bust.Energex hit two or three good holes up there but could not prove up any tonnage and eventually it broke them.I am not saying it cant be done but it is like looking for a needle in a haystack.The bottom is falling out of the depth charts for anz and I caution shareholders that if house 7 starts to unload their accumulation this one is going down to .20 I have covered my short and no longer have aplay on anz so my comments have no ulterior motive.I am but alittle fish in this sea of sewage of juniors and hate to see others like me get burned.Antares does have potential in indonesia and with the new play with steppe but it will go lower before those properties affect share price.I have a decent portfolio of juniors and alot of them have alot more proven resources than anz and yet are selling for lower prices.One I have has 2mil indicated and inferred ozs and trades around .20 The market for juniors sucks and overvalued companies or poor drill results quickly lead to drops in share prices.Take care little fish the sharks are hungry!!!