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Gold/Mining/Energy : Colossal Resources - CLPZF - Colbalt in Zambia
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To: Francis Scavo who wrote (334)7/24/1997 2:20:00 PM
From: Dick Roy   of 501
 
Still awaiting detailed hard copy of financials which IR promised
at least a month ago, so still do not have a handle on share
value (or even book value) of this co. , but my expectation is
that investor sentiment is too negative at current price level.
If cobalt sales are actually taking place, volume will increase
and they can sell at a profit, price of this stock should go up
now (of course convertible fiasco must work its way thru)
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