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


To: Donald F. DeKold who wrote (3735)7/8/1998 12:19:00 PM
From: Lamont  Read Replies (2) | Respond to of 4718
 
Well said Don and Wayne.

I don't see a whole lot of downside risk on this one currently. Maybe a cent or two.

When a COW is granted on the Indo property; When they do infill drilling to prove reserves; When they begin heap leach mining on the Ojolali; When the price of gold rises; When the blue chip companies stocks quit skyrocketing and Juniors are again in favor; When Steppe begins production; If drilling on the Creek zone shows the same values as hole 97-08; etc. the upside potential is very good. Only one "IF" was used and a lot of "WHENS" were used.

That means it is only a matter of time. I have followed this company for the same time as you Don and selling out shortly before all of the above happens is crazy. With the price down this low, it provides a great opportunity to increase ones position. Buy on weakness sell on strength.

Your statement "They've come a long way in a short time and whether the share price reflects it or not, they have indeed built value for the shareholder" I believe is very accurate.

Heck have you seen the price of CLL today? If it is worth 0.20, then ANZ is worth a whole lot more than 0.29!!!



To: Donald F. DeKold who wrote (3735)7/9/1998 12:07:00 AM
From: Mike G  Respond to of 4718
 
Don, I fully agree with your analysis, a job well done.

By the way, I keep seeing this talk about COW's. When I was a kid, it was something you milked. For us novices, what is a COW?

Thanks

Mike G