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

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To: jonsmith who wrote (56)5/6/1997 12:54:00 AM
From: Dale Schwartzenhauer   of 701
 
Temperatures have been warming out west, but the rains appear minimal in the area, so that improves the outlook. As far as I know, the rig has been held for Curlew's well, so it should be available once released from a nearby site. As this becomes more established, we can expect movement in the major Bacon Island players. In order of significance, that should be: CWQ, MWR, & MLE. The latter two issues are much thinner, so the initial movement could be greater, but relative value should still rule the day. CWQ has the better liquidity and a stronger position in the play, so that would be my first choice. However, we own all three issues so we're covered no matter what.
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