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Gold/Mining/Energy : CURLEW LAKE RESOURCES (CWQ-VSE)

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To: Bearcatbob who wrote (20)4/18/1997 8:09:00 PM
From: Dale Schwartzenhauer   of 701
 
Good advice Bob! But I'm not real big on selling half on a double theory. A double is so arbitrary, but I understand the intent. If the stock moves enough to produce a double, it will likely move on the order of several hundred percent. In such a case, one leaves quite a bit of money on the table. As I've followed a number of these issues over the years, I have noticed they become active for a period of 2-3 years, go into decline, sometimes dormant, and then get reactivated. So it's likely the stock will move higher for some period of time. For as long as we've waited, a double is pretty meager. I'm all for selling a quick gain, but Curlew is a building story with real assets.

Dale
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