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Gold/Mining/Energy : Colossal Resources - CLPZF - Colbalt in Zambia -- Ignore unavailable to you. Want to Upgrade?

To: Steve Huskey who wrote (417)	11/25/1997 4:35:00 AM
From: kfdkfd	Respond to of 501

News Release at bottom Steve Thanks for the update. I assume from what you indicate no sales or a minimal amount are taking place. The past re enginering I assume must not have taken place, they were suppose to several months ago get the plant and refinery to process and produce product in its finished stage with by-products. Talk is good but results are what we're after. Colossal Resources Corp. Engages Continental Capital & Equity Corp. to Promote Mass Market Awareness VANCOUVER, BRITISH COLUMBIA--Colossal Resources Corp. (NASDAQ - CLPZF) announced Monday that it has officially engaged the Florida-based financial relations firm, Continental Capital & Equity Corp., to launch a comprehensive, 12-month investor awareness campaign via Continental Capital's new Market Access Program. This unique program is specifically designed to introduce to the investment community only those publicly traded companies which are deemed to be undiscovered, undervalued and/or deserving of enhanced market recognition. Dil Gujral, president and CEO of Colossal, stated: "We are delighted that Continental Capital has agreed to represent our company and will look for them to tap their vast network of stockbrokers, institutional fund managers, securities analysts, individual investors and media contacts to promote awareness and build confidence in the future of Colossal Resources Corp." Dodi Zirkle, vice president of Continental Capital, added: "By combining a significantly pro-active and intelligently targeted marketing approach with a more traditional public relations effort, Continental intends to methodically and aggressively increase awareness of Colossal directly to Wall Street and associated industry professionals." Headquartered in Vancouver, Colossal Resources Corp. is a resource extraction company listed on the NASDAQ Stock Exchange. The company's primary business interest is in its 60% stake in what is considered the world's single largest proven cobalt deposit, located in Zambia -- a democratic, stable, and business-friendly nation in central Africa. This cobalt deposit is located above ground, therefore there is no mining costs associated with its production. Colossal Resources also owns 100% of what used to be one of the largest platinum refinery operations in Johannesburg, South Africa. In addition, the company is at present aggressively studying several other unique investment opportunities in the stable, resource-rich, developing regions of sub-Saharan Africa and India. -30- FOR FURTHER INFORMATION PLEASE CONTACT: Continental Capital & Equity Corp. Dodi Zirkle (407) 875-1110 or Colossal Resources Corp. Dil Gujral (800) 298-0244 (US Toll Free)

To: Steve Huskey who wrote (417)	11/25/1997 8:03:00 AM
From: Wink	Read Replies (1) \| Respond to of 501

Steve: Thanks for taking the time to post this info. All sounds encouraging except we have heard some of this before as Kevin points out. Hopefully within a year or so, we all might break even on this puppy.

To: Steve Huskey who wrote (417)	11/26/1997 8:03:00 AM
From: kfdkfd	Read Replies (2) \| Respond to of 501

Steve, You indicated furnances shut down, lets look back, June news release: JUNE NEWS Colossal Resources Corp. (NASDAQ - CLPZF) reports continuing processing of Nkana slag in the two 15 tonne Arc Furnaces at the Qasim Mining Enterprises Limited (QMEL) Plant at Kabwe, Zambia. Mr. Dil Gujral, President and C.E.O. is also pleased to report that the QMEL Plant at Kabwe was officially opened by the President of Zambia, His Excellency Mr. Frederick J. T Chiluba on May 16, 1997. QMEL, in which Colossal holds 60% controlling interest, is producing and selling commercially saleable product at initial operating levels. QMEL is selling all the production output to customers in South Africa, Europe and Asia. The Company is also quoting on enquiries to prospective customers in India, Japan and North America on spot and contract supplies. Now don't forget these were new furnances brought on stream in may/june, now we're shut down again. Dil told me in Aug, fine tuning was going on at these furnances. Who do you believe? It seems its taking an awfull long time to get this project on start up. The refinery in SA was in phase 1 in the 2nd Qtr. So I assume from your comments we'll hopefully see the plant put into production at the end of the year or early next year. CLPZF has never indicated sales or whats happened in the 3rd QTR, NO PR will move this baby without results, so I'm taking an attitude, show me.