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Gold/Mining/Energy : CURLEW LAKE RESOURCES (CWQ-VSE)
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To: gholst who wrote (356)6/22/1999 11:43:00 PM
From: Taff  Read Replies (1) of 701
 
I agree with you Glen my math may be wrong, please correct me if it is; I figure they need 10 to 12 mill (15 mill if you add all contigences) to drill and complete a well. Average share price of the JV partners based on todays closing is approx 20 cents, most if not all of the players dont have two nickles to rub together so a total of 60,000,000 shares will have to be issued through new issues and private placements (warrants not included)

Later

Taff
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