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Gold/Mining/Energy : Zappa Resources ZPA vancouver

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To: dean poets who wrote (452)6/30/1998 12:41:00 AM
From: dean poets  Read Replies (1) of 3198
 
Just another thought to ponder?

In todays mining sector, where capital is hard to come by. Why would Cambior dick around drilling only 3 holes at a time? They could probably step out with 6 or 8 holes, and they would have an idea whether we were sitting on a billion dollar deposit or not?

It also seems strange to me that they are drilling 50 meter spacings, that is putting all the reserves into the probable/proven category? This property is still supposed to be in an exploration stage isn't it?

I believe Cambior bought several million shares of Zappa after the pulse testing was completed on Laplata back in January/97. "Pulse testing" in case anybody doesn't know is used to determine how far the conductor (massive sulphide) travels. Cambior said they were unable to get accurate results because there was to much Zinc in the holes.

Dean
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