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Gold/Mining/Energy : Zappa Resources ZPA vancouver -- Ignore unavailable to you. Want to Upgrade?

To: Bo Bob Brain who wrote (146)	11/11/1997 9:18:00 PM
From: dean poets	Read Replies (2) \| Respond to of 3198

Hey Bo those are actually stock options you are listing not warrants. Although they are very similar in nature, they are different. You figure Zappa's share price will tumble if drilling is put on Hold. To what .15, is that a tumble? I would consider this a risky stock if we were trading at $10-15 bucks a share! I wouldn't forget the 2 million ounces of gold proven on the Papagrande, Mollopongo, Guadalupe concession, that are adjacent to Ecuadorian Minerals. These 2 million ounces of Gold added to EMC's 3 million ounces on the Gaby will almost certainly become a mine! Plus if Cambior decides to cancel the option on the Laplata then Zappa gets 100% of the property. I don't think we would have a problem getting another partner for exploration on the Laplata. Golden Knight was willing to pay 4 dollars a share to explore Crosslakes property! I really don't believe Cambior would aquire 25% of Zappa if they were planning on walking away. Dean

To: Bo Bob Brain who wrote (146)	11/12/1997 12:09:00 AM
From: morrie	Respond to of 3198

Bo; Thanks for the info, lets hope Cambior keeps going with this one as they are basicly interested in base metals. Or at least that was the case a few years ago when I approached them at their office in Sudbury, with gold assays of up to 5.53 oz per ton, in sulfides. And they turned me down flat. (which two years later, Bandore hit right next to that property,) However in those days, I think you'd need a pail of solid gold to get any exploration co. interested. As there geologist explained that their co. was mainly interested in base metals. HOPE ALL GOES WELL! morrie