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Gold/Mining/Energy : Zappa Resources

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To: Alan Whirlwind who wrote (87)5/28/1997 6:25:00 PM
From: dean poets   of 174
 
Hi Alan: In reference to your previous post, I don't follow charts and I'm not a timer or momentum investor. I try to stick with companies that are out of favour or trade a low prices, but have good proven value. Ecuadorian has a lot of Gold proven up, and I think it's only a matter of time before it's starts to appreciate in price. They are in the same situation that Zappa was in a year ago. When other companies are exploring your properties in a joint venture, you are at the other companies mercy.
There has been lots of stocks go up with no value what so ever just HYPE! I personally don't buy companies like that. It's true that on any potential Gold mine there is probably a good liar on top. I personally try to find companies with at least a Million Ounces of Gold proven before I buy them.

Dean Poets
P.S. Did you see Zappas latest press release? If your interested I posted it on the Gold, Mining and Natural Resources thread.
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