Churchill (CUQ), PE of 3! Message Board

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

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To: Far Side who wrote (244)	5/3/2000 11:54:00 AM
From: speculatingvalue	of 264

You're right - there is $2.72 in cash per share! Some is advances against work to be done, but they also have accounts receivable. Now's the time to buy. The volume is going to start picking up as we get closer to the annual meeting IMO. CUQ is a no brainer. It has almost no down side (safe if the market corrects) and blue sky upside. If the acquisitions are significant (if they issue 100% more shares, I assume another $200 million in revenues), the upside will be wide open. I don't think people realise that the number of shares outstanding is so tiny and that the company is employee owned. If there are any lurkers out there, please post. I feel like Far Side and myself are in a mutual admiration society! Do you know who owns most of the shares? Insiders account for 20%. Given the light trading pattern, I expect that the rest must be tightly held by institutions or large investors. The actual float seems small.

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