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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 (4136)	8/8/1998 1:59:00 PM
From: Gabe Heti	Respond to of 4718

Hope you meant $1 million a month. Gabe

To: Donald F. DeKold who wrote (4136)	8/8/1998 2:21:00 PM
From: Donald F. DeKold	Respond to of 4718

Correction to my post 4136! Should read in last paragraph, "US$1,000,000 per month." Don

To: Donald F. DeKold who wrote (4136)	8/8/1998 2:55:00 PM
From: E. Charters	Read Replies (1) \| Respond to of 4718

Ojalali was looked at by Barrick It is not heap leachable it is vein gold in pyrite. Probably refractory. It is a promotion of an old narrow vein colonial area with spotty gold. MOST of the deposits in Indonesia are highly refractory with 1,000,000 ounce situations producing a negative feasibility.. 125,000 ounces is not enough to pay back a mill at those grades and will barely support a heap leach situation.. heap leach requires oxides or special chemistry. I DO have over 700,000 PROVEN ounces in a PERHAPS heap leachable situation domestically and it would be a lot less risk to put into production than Ojalali and does not carry all those hidden third pary obligations and you do not have to bribe anybody except me. You don't see those boys beating my door down... Don't be fooled by paper.. if it was heap leachable they would have a mine on it by know if they were miners.. I know some Australians who already mined 1,000,000 tons of ore in PNG while Antares was talking about it. They did it one year.. Facts are it would take 50 million to put a HL plant in that country and it would not pay. EC<:-}