Cross Lake Minerals CRN Message Board

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Gold/Mining/Energy : Cross Lake Minerals CRN

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To: Just G who wrote (3511)	3/2/1999 1:01:00 PM
From: dean poets	of 3650

As stated in the last press release: "The company is optimistic that the next program will further enhance the POTENTIAL for discovery of a significant volcanegenic massive sulphide deposit". Is the company actually admitting they haven't discovered an economic deposit to date? I have a simple comparison between CRN & ZPA. After drilling 78 holes CRN has found several million tonnes of low grade massive sulphide to date averaging around 4% Zinc 0.5% Copper 20-30 grams Silver. The company has a market cap of around 18 million Cdn. ZPA after drilling only 30 holes, has proven up about 1 million tonnes, with grades averaging around 6 grams Gold, 60 grams Silver, 7% Zinc, 4% Copper. Zappa has a current market cap of around 2 million Cdn. Cambior a major mining company owns about 33% of Zappa's shares. People can make their own decisions about which company has more investment potential! Good-luck on the current drill program Dean

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