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Gold/Mining/Energy : Colossal Resources - CLPZF - Colbalt in Zambia
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To: Francis Scavo who wrote (209)4/23/1997 10:15:00 AM
From: Thomas J. Benthall   of 501
 
Francis,

I can't help but think that they will move them as fast as possible. Select doesn't have to concern itself with the price, they'll make their 20% regardless of how low it sinks. I would try to move them as fast as the market could absorb. I would guess in another month they'll all be sold. But we don't have much info to base calculations on. I've never heard of a damn financing like this before.....no, I take that back. I heard of it last Dec. but didn't have sense enough to figure it out.

Thomas
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