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Gold/Mining/Energy : Colossal Resources - CLPZF - Colbalt in Zambia
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To: Francis Scavo who wrote (215)4/27/1997 12:43:00 AM
From: Thomas J. Benthall   of 501
 
Francis,

Of course this is just speculation, but I would say that the debentures are just about gone. The insiders know that there are not many left and are buying heavily at rock bottom prices. This is what is responsible for the high volume and price advance on Friday. We will know for sure after they load up on all the shares that they want. Once again we will be the last to know. That's how the game is played.

Thomas
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