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Gold/Mining/Energy : CURLEW LAKE RESOURCES (CWQ-VSE)
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To: Dale Schwartzenhauer who wrote (15)4/15/1997 1:08:00 AM
From: Kevin Vickers   of 701
 
Dale, how many shares does CWQ have outstanding? Can you give an approximation or educated guess as to how many shares are in managements hands? Also would be interested in your opinion what would be a realistic target price on this one should a discovery meet expectations.

Dale, would also like to hear from followers of this thread as to the best strategies in trading these spec plays. Seems one can make good money as the drilling progresses and then there is a point if you hold anyfurther it is like buying a 649 ticket, it is either all or nothing.

I learned about CWQ from a contact in Belgium who follows these plays and is very knowledgeable. He recommended CWQ to me. After speaking with management I have bought a small chunk of shares. I can not remember the total # of shares he told me they had out, though if I am correct, I believe around 20 million.

Great to see you have started this thread. Will be lurking in the background. Good luck to all.

Regards

Kevin
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