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Gold/Mining/Energy : Zappa Resources ZPA vancouver

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To: Alan Whirlwind who wrote (903)3/26/1999 7:53:00 PM
From: dean poets  Read Replies (1) of 3198
 
I guess Cambior doesn't have the money to progress with drilling on Laplata. Cambior barely has enough money to keep there own operations going.

Apparently Cambior is willing to part with their 51% on Laplata, as long as the company/companies are willing to pay CBJ back the $2.5 million US that Cambior has already spent to date on Laplata. Also the company aquiring 51% of Laplata would have to take the property to feasibilty stage. CBJ still benefits from owning 33% of Zappa shares.

Who knows what is going to happen over the next year? I've even heard rumors of Zappa.com!

Dean

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