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Gold/Mining/Energy : Colossal Resources - CLPZF - Colbalt in Zambia

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To: nammir chucri who wrote (61)1/29/1997 1:38:00 PM
From: joseph schevenels   of 501
 
I had a brief conversation with IR at clp this morning,i asked him
to update their website ,he is going to talk about it to management!!
There was a newsrelease earlier this month about the production start-
up ,two furnaces are operating, a third one to be installed soon, yes-
terdays news release was about the closing of a placement of 5 million
worth of debentures.As far as the VEC problem goes he did'nt have any-
thing new to report.

Joe
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