Colossal Resources - CLPZF - Colbalt in Zambia Message Board

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

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To: joseph schevenels who wrote (110)	2/25/1997 7:11:00 PM
From: Gary Gwynn	of 501

Hey Joe & All: Closed up 3/8 on approx 118k shrs traded on the NASDAQ. The IG report certainly was responsible for this move. This is best day CLPZF has had on the Q in a long while. The IG report was full blown bullish & I for one just wished I could find some change to buy more at this very bargain price. The stock is currently trading for about 1/2 to 1/3 off what several very reputable firms & newsletters were reco'ing it at over the past year. We should start seeing appreciation as the price of Cobalt heads back up toward US $25-30 a ton & CLP beefs up production capacity with new furnace/smelting capacity & the new facility in RSA (which it sounds like they stole!!!)

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