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Gold/Mining/Energy : $0.50 & UNDER (Short term trades) -- Ignore unavailable to you. Want to Upgrade?

To: Ed Pakstas who wrote (611)	2/4/1998 11:35:00 PM
From: trypod	Respond to of 783

News Release: COBATEC TO EXPLORE COMPLETION OF CUBAN PLANT TORONTO, Feb. 4 /CNW/ - Cobatec Inc. (TSE:CBT), a producer of cobalt and nickel-metal based chemical compounds, has signed an agreement with Cuba's Commercial Caribbean Nickel, S.A. (CCN) to examine jointly the feasibility of upgrading and completing a cobalt/nickel sulphide recovery facility in Cuba. CCN is a primary Cuban producer of nickel and cobalt as mixed sulphides. The plant will have au initial minimum annual capacity of 500 metric tons of cobalt contained as mixed cobalt/nickel sulphides. This feedstock would require further processing at Cobatec's Canadian plant. Under this agreement, Cobatec and CCN will retain a Canadian engineering firm to prepare a preliminary feasibility study. This agreement also includes provisions for Cobatec and CCN to exchange related technology. Cobatec began successfully processing similar Cuban feedstock at its Cobalt, Ontario plant in January as part of a separate, previously announced, supply agreement with another Cuban entity. -30- For further information: Edward W. Wenger, President, or Douglas G. Baird, Corporate/Investors Relations, Cobatec Inc., Tel: (416) 947-9002, Fax: (416) 947-0509 Later:Rick

To: Ed Pakstas who wrote (611)	2/6/1998 1:11:00 AM
From: Ward Nicholson	Read Replies (1) \| Respond to of 783

Ed: I'm officially packing up the tents. You can take GHE and SPQ off. I sold off both this week. I figure the pennies are dead for at least half a year, so I've been hopping elevators on the TSE. Pennies can be rush, but there's something special about trading stocks like PD and ABX...liquidity. There's nothing but sharks in these pennies now. All the volume is gone and everyone's afraid to bid up a price. Haven't seen the juniors this dead in a long time. Thanx for keeping track. Regards, WN

To: Ed Pakstas who wrote (611)	2/7/1998 10:45:00 AM
From: CharlieChina	Respond to of 783

In regards to: biz.yahoo.com I had the opportunity to meet Mr. Sharp last year. Nice man, excellent CEO, intelligent deal maker with extensive heavy oil experience. Mr. Sharp's former company, CS Resources on the Toronto Stock Exchange, was bought out last year in a extreme rush by the majors to position themselves in the heavy oil/oilsands region of Alberta, Canada. At present, major companies such as Shell Oil, Imperial Oil, IPL Energy, Suncor Energy, Alberta Energy, PanCanadian, Syncrude, just to mention few, have made large commitments to develop the area into a world-class oil producing area by the year 2000. His appointment as the new CEO of United Tri-Star, his high-quality navigation skills in heavy oil/oilsands, along with the company's existing heavy oil asset base should attract sizable institutional interest. In short, this is one of the best approx. 25 million market capitalization companies I have seen. Should be an interesting 10 days to follow. Speculation of a news release to complete the partnership with Koch Oil is to follow.