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

To: dean poets who wrote (957)	5/31/1999 10:19:00 PM
From: dean poets	Respond to of 3198

Actually, looking at CBJ's share price they might need Zappa and the Laplata for a big hit! Something to get there share price back on the upswing. Aparrently CBJ has written Zappa's shares off, in which they paid an average price of 60 cents ashare for their 8 million shares. Even if you look back to Cristmas, they paid 78 cents a share for Zappa to pay off some debts! Because CBJ has written Zappa's shares off, does that mean they have written Zappa off? If they had written Zappa off, they probably would not be holding on to their 51% of Laplata? Dean

To: dean poets who wrote (957)	5/31/1999 11:03:00 PM
From: Alan Whirlwind	Respond to of 3198

Hey Dean, I didn't mean to put the term "exaggerated" in your mouth about the Yamana claims. I think the stock will pull back on these lousy silver prices, but longer term is a great buy under a buck if a mine is there. Could see .50 if silver spikes down though. "Zappa is a company that has a massive sulphide property that few companies have, and a lot of companies are looking for!" How much is sulphide an oz anyway. Maybe they can make soap out of it. Or fireworks or something. "...the market can't see past it's rear end!" There never was a market that could except for the usual "stuck clock is right twice a day" scenario. When the seventh trumpet sounds and Jesus steps foot on the Mount of Olives, then we will see fair markets. Till then it's overbought and oversold. "The volume is low, and the price hasn't doubled or tripled yet! Sounds like good reasoning not to invest in Zappa?" That's the problem here--it does. "I personnally wouldn't have touched NWI with a ten foot pole..." Actually, these are the kind of stocks--ones showing potential now--that a guy should be quietly accummulating. As for ZPA, when this one finally hits $2 a share, I will not be kicking myself for not buying more. If it sits at .08 to .10 for awhile, hey I knew better! "..you said you were cashing in your beer cans, cause Zappa was selling so cheap? What are you out for now, and don't want this to take off before you get your position back?" GT needed beer money for a graduation. Don't worry Dean, he can buy back his positition as soon as he takes the cans in for recycle. Actually, it looks like GT got his entire original position of 167 shares back today. "Zappa is probably a lot safer way to play EMC, as if EMC comes up empty, the shares might go back to 50 cents a 50% loss. If EMC missses, Zappa sits at 8-10 cents is my guess, no loss there!" I agree. "Who knows, he might even delight shareholders with announcement that Cambior is already drilling or set to start drilling June 15, as Cambior has waited till mid june before to resume drilling!" That would be nice. I'd throw a helicopter joke in here, but I better not. We are long and optimistic. Er...long on optimism? --Alan