Churchill (CUQ), PE of 3! Message Board

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

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To: dodger2 who wrote (259)	7/4/2000 6:49:08 PM
From: speculatingvalue	of 264

Welcome to our thread - we were getting lonely! Someone on stockhouse called IR and they said the company is buying at $1.60, but they don't know who is selling at $1.80. IE. If you buy at $1.70, there will always be enough volume from company buying that you could get out at a .10 loss. Their problem is that the float is too small. An institution wouldn't be able to purchase enough stock to make it worth while. What is really positive is that they are expressing interest in a private placement and a merger - both which could increase liquidity. I'm expecting a lot of action in the next six months.

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