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Gold/Mining/Energy : Canadian-under $3.00 Stock-Picking Challenge -- Ignore unavailable to you. Want to Upgrade?

To: Al Collard who wrote (3102)	6/10/2001 4:15:07 PM
From: Stockbull	Read Replies (1) \| Respond to of 11802

Al,,,WV.V again for me this week....ZPA,,interesting pick,,picked up a small pile at 9 cents a while back...you never know......

To: Al Collard who wrote (3102)	6/10/2001 4:39:07 PM
From: Al Collard	Respond to of 11802

Hi Canuck Dave, Your in with ZPA-v @$.17 for 58,823 shares. Chart for Zappa Resources Limited(ZPA-v): stockcharts.com[l,a]djclnimy[dc][pc20!b50!b100!b200][vc60][iLl14!Lh14,3!La12,26,9] Looking at the chart for ZPA we can see the stock has been in a slow, gradual uptrend for the last 3 months basically using it's 20EMA as support. The crossover of the +DI atop the -DI last week on the ADX is bullish as is the crossover of the MACD. The Stochastics however is in overbought territory suggesting a retrace down to the 20EMA is probable near term. All in all a fairly bullish looking chart. Latest NR from ZPA-v: Zappa's California deal to proceed Friday Jun 8 2001 News Release Mr. Albert Gerry reports The company has received Canadian Venture Exchange acceptance to its agreement with Olympic Resources Ltd. to farm in for a 15-per-cent working interest in the Coalinga Nose play located in Fresno county, California. The exchange has also accepted the payment of a finder's fee of 200,000 common shares to an arm's-length third party incidental to the acquisition. These shares will he the subject of a one-year hold period expiring June 8, 2002. Drill site construction has commenced on the No. 1 gas well. A conductor pipe is being drilled and set in place, and the spud date is expected to occur within the next two weeks, subject to the availability of a drill rig. Good luck with this pick C.D. regards, Al