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Gold/Mining/Energy : Zappa Resources ZPA vancouver

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To: Bo Bob Brain who wrote (146)	11/11/1997 9:18:00 PM
From: dean poets	Read Replies (2) of 3198

Hey Bo those are actually stock options you are listing not warrants. Although they are very similar in nature, they are different. You figure Zappa's share price will tumble if drilling is put on Hold. To what .15, is that a tumble? I would consider this a risky stock if we were trading at $10-15 bucks a share! I wouldn't forget the 2 million ounces of gold proven on the Papagrande, Mollopongo, Guadalupe concession, that are adjacent to Ecuadorian Minerals. These 2 million ounces of Gold added to EMC's 3 million ounces on the Gaby will almost certainly become a mine! Plus if Cambior decides to cancel the option on the Laplata then Zappa gets 100% of the property. I don't think we would have a problem getting another partner for exploration on the Laplata. Golden Knight was willing to pay 4 dollars a share to explore Crosslakes property! I really don't believe Cambior would aquire 25% of Zappa if they were planning on walking away. Dean

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