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


To: Alan Whirlwind who wrote (745)11/18/1998 4:28:00 PM
From: Alan Whirlwind  Respond to of 3198
 
Closing below .14 is not a good sign guys. At least volume was light if you discount those cheap shares Dean stole this morning. --Al



To: Alan Whirlwind who wrote (745)11/18/1998 7:22:00 PM
From: dean poets  Read Replies (2) | Respond to of 3198
 
I guess we are quite different than most investor's today Alan. When we see a good stocks price go down we buy more. Most people nowadays see a shitty stock go up, and then they buy in. Not really knowing that it is a shitty stock, but just that the price is rising. They don't want to miss out on the next big mover.

You mentioned earlier that we were down to 12 cents Cdn, and wondered if we found another million ounces or something? You were not that far off! Zappa @ todays closing price of 15 cents, has a market cap of about 3.6 million dollars. At the time ZPA traded @ 12, we were down about 720,000 dollars on the day. Yet Zappa's investment in shares of EMC were up about 7 cents per share, a rise of about 175,000 dollars. I guess because our investments were up in price the sellers were getting nervous or something?

Obviously Zappa's share price is not where it should be or where it is going in the future! Take that to the bank!

Dean