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Gold/Mining/Energy : CURLEW LAKE RESOURCES (CWQ-VSE)
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To: Bearcatbob who wrote (3)4/7/1997 10:07:00 PM
From: Dale Schwartzenhauer   of 701
 
Yes indeed Bob. I've always said, buy these issues for cash. There is plenty of leverage in the Canadian markets without placing oneself in jeopardy by buying on margin. The news on Curlew is: site preparation was underway at Bacon Island, and Cannacord was the heavy seller, for the 2nd day running. We can only conclude, it's not smart money, who would sell just ahead of a drilling program, unless they had to. I think that's the message here--forced selling for one reason or another. We're trying to find out the source and how much is left, but it's an opportunity while it lasts.

Dale
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