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Gold/Mining/Energy : Zappa Resources ZPA vancouver

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To: Alan Whirlwind who wrote (2941)	5/2/2002 10:10:50 PM
From: Alan Whirlwind	Read Replies (2) of 3198

Dean, I think we'll see $320 before May is over and maybe $325. Anglo is retiring hedges to pressure Barrick. Japanese and Germans are buying. India is beginning to adjust to the idea of buying at $300+ prices. There is a clear deficit and gold is outperforming non-gold sector stocks. This thing is going to roll. If we have any luck, gold will rise enough that Zappa's La Plata draws interest before summer is over. At least there is a story there. Maybe management doesn't see it as much of one but what other story is there right now? Gold could rise $100 in the next 8 months and La Plata has some proven reserves. There is some there there.

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