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


To: morrie who wrote (300)2/23/1998 10:31:00 PM
From: dean poets  Read Replies (1) | Respond to of 3198
 
We were in fine form again today hey Morrie, 1000 shares traded near the close.

Back in September Cambior originally gave Zappa a verbal agreement, that they would buy a couple million shares at 50 cents. Then at the end of the week the stock dropped sharply, and Cambior announced they wouldn't buy shares. About a month passed the stock was at 25 cents and they decided to buy 3.6 million!

I would also like to note: AFTER CAMBIOR COMPLETED THE PULSE TESTING OVER A YEAR AGO THEY EXERCISED AROUND 500,000 OF THEIR WARRANTS AT 78 CENTS! Sorry for the caps guys, but I think it is important to know! The pulse testing was said to be to rich in Zinc to get a proper reading! (that was a bunch of bull)


Dean



To: morrie who wrote (300)2/24/1998 7:46:00 PM
From: dean poets  Read Replies (1) | Respond to of 3198
 
Hi guys, back in message # 294 I mentioned Cambior had proven up about 1 million tons of ore with an NSR of $140 per ton. I also stated they had done this on only 22 holes. In actuallity they have done it on 14 holes, as 8 of the holes were drilled on the north of the old mine site, finding no mineable intercepts.

If Cambior was in for a quick fix, they would have drilled several step out holes South. It is gonna be really exciting when Cambior decides to do the next few step out holes. We have only stepped out about 300 meters South from the old mine site, and the average thickness has gone from 4 meters in thickness to 16 meters! What if we step out another 300 meters and the thickness of the zone goes to 32 meters?

I personally hope Cambior shits or gets off the pot. It's been to much dicking around on there part.

Dean