Canuc Resources Inc. Message Board

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Gold/Mining/Energy : Canuc Resources Inc.

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To: Winzer who wrote (65)	4/11/1997 7:51:00 PM
From: Steve Johnston	of 176

I would expect that Canuc (and the "major" they are dealing with) will not want to complete remaining due diligence, hence finalize any deal, prior to the Strathcona Bre-x report coming out on April 29th. If the Busang proves up, then I would expect an immediate bump upwards in Canuc, even without news. With news, it would go to $2.50, in my judgment. If the Busang proves to indeed be a scam, my guess is the Canuc and their partner will hold up any further releases (if they legally can) until the dust settles. In this latter scenario, we should all buy more heavy duty crash helmets. Regards.

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