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Gold/Mining/Energy : Donnybrook Resources (DNY:VSE)
ZIP 4.650+3.3%Oct 31 9:30 AM EDT

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To: Wats who wrote (3)10/16/1997 9:50:00 PM
From: burner   of 49
 


Zodiac Exploration Corp ZIP
Shares issued 20,897,905 Oct 15 close $0.15
Thu 16 Oct 97 Shares for Debt
The VSE has accepted for filing the company's proposal to issue 1,587,591
shares at $0.15 to settle outstanding debt.
(c) Copyright 1997 Canjex Publishing Ltd. canada-stockwatch.com

Wats,
I spoke with the company today and they have NO properties. They are NOT doing anything with Indonesia and are awaiting the return of their 1.25 million Seriousness Bond. They are hoping to announce a property acquisition soon. My feeling is within a couple of weeks. I have no idea where they are looking. I don't expect the current gold climate to help much though.
Dan
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