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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 (452)3/25/1998 10:00:00 AM
From: D. Usry  Read Replies (1) | Respond to of 501
 
games not over yet, plenty of folks ready to step in. Creditors need to be paid. If colossal still wants to be involved they are going to have to step up and pay off the creditors otherwise someone else will take over the facility and then all colossal/qmel will have is the concession and ZCCM can cancel that anytime they want and give it to a new group. Remember the government wants to see the plant reopen and put people back to work, they are less concerned with who the owner is.