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

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To: Francis Scavo who wrote (226)4/28/1997 10:48:00 PM
From: Glen McGlaughlin   of 501
 
Francis, I also was disappointed that Tom did not reply on this thread, however in fairness last Friday's press release was much more useful in turning around share prices which we have witnessed to-day.
In terms of the DB liquidation, tom indicated to me last week that if the rate of liquidations continued at the same rate that most would be
out of the system within 2 weeks. Once again to-days substantial move confirms Tom's comments. The bullish news conveyed in the release
indicates that current values represent a tremendous buying opportunity and we will once again see $10 colossal within the next
fiscal year.

Keep the faith, we're finally on the road to recovery!!

Glen
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