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Gold/Mining/Energy : Zappa Resources ZPA vancouver

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To: morrie who wrote (666)	9/16/1998 7:27:00 PM
From: dean poets	Read Replies (2) of 3198

Well by the looks of the latest press release, things are still going strong for Zappa! Shareholder dilution is definitely not going to be a problem for Zappa in the next few years. We should have enough working capital for at least a couple years. The Ponce Enriquez district was costing Zappa 20-30 thousand a month for security & up keep. Although we missed on the first hole, it was encouraging to see they were still hitting the Ryolite Dome. It is also encouraging to hear that they hit the lense 100 meters south, with holes 27 and 28. It is also nice to see Levesque has raised their bid to 20 cents per share! They put a bid in late today for somewhere around 95,000 shares @ $0.20 Cdn. Dean

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