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Gold/Mining/Energy : Colossal Resources - CLPZF - Colbalt in Zambia

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To: Keith Hodgins who wrote (87)2/11/1997 4:11:00 PM
From: Tom McIlwain   of 501
 
Keith: A few more of those calls to IR and you'll be grilling them with your toughest questions and really making them sweat. Always remember that, as a shareholder, you are a partial owner of the company so you have every right to know what's going on.

I find you can get a feel for things by talking to companies over the phone that you just don't get from printed news releases, so I try to check with all of my companies on a regular basis and highly recommend it to any shareholder.

As for Colossal, for what it is worth, I think the price is being artificially depressed right now as the pro-traders try to milk the debentures for all they are worth. There seems to be a little support at the $6 today, for once, so maybe, just maybe we are seeing bottom here.

Looking forward to receiving the Investor's Guru report in the next while.

All the best Keith

Tom McIlwain
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