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Gold/Mining/Energy : Churchill (CUQ), PE of 3!

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To: Ciao who wrote (144)6/23/1999 12:07:00 AM
From: Gulo  Read Replies (1) of 264
 
The announcement of sales was a good thing, and may be driving the price a bit in the short term, but the the volume is still low. Now that they've decided to promote the stock, CUQ will likely release a few more tidbits of good news over the new few weeks.

This is the first time in two years that Churchill issued a news release to announce new contracts. Until now, the company didn't care to promote itself, so contracts didn't warrant news releases.

I wouldn't be surprised to see Churchill acquire another company or announce a new venture. They have to make their cash visible.
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