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Gold/Mining/Energy : Colossal Resources - CLPZF - Colbalt in Zambia
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To: Thomas J. Benthall who wrote (375)9/30/1997 12:14:00 AM
From: Glen McGlaughlin   of 501
 
Thomas, I hear what your saying, but the logic doesn't meet the acid test. While it is true that the INTEL's and the MICROSOFT's have a high degree of price variability the long run fundamentals of their price change is earnings and performance driven - nothing more. This is what Colossal must start to demonstrate to shareholders by Q4- ie
that cash flow will start to generate a positive bottom line. If it does, the current price of 85c will be one of the best opportunities we'll see this year.

Glen McGlaughlin
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