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

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To: kfdkfd who wrote (223)4/27/1997 8:30:00 PM
From: Francis Scavo   of 501
 
Kevin
Saw that you took the following from Colossal's notice <<<Projected within next 6 months

20 tonnes of alloy daily averaging 2.5 - 3 tonnes of contained cobalt =
over USS80,000
Above figures based on current production level and projections are
conservative.>>>
There current production is only 3 to 4 tons per day. They plan to double it by working 24 hours per day. They are stating they are going to up there production to 20 tons per day. A FACTOR OF 5 to 7 TIMES.
They can tell be another story. Can't buy it.
Francis
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