Corriente Resources V.CTQ Junior Exploration Co. Message Board

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Gold/Mining/Energy : Corriente Resources V.CTQ Junior Exploration Co.

CTQ 25.45

0.0%

Sep 6 5:00 PM EST

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To: WillC who wrote (1410)	11/28/2000 9:27:55 AM
From: jerry janko	of 1416

Robert Bishop, writing in a Nov. 15 Fax-Alert (No. 181), says that as a Corriente Resources shareholder he will be watching closely for developments at both the Chancho and the nearby Mirador projects in Ecuador. Mr. Bishop recommended the stock seven times between June, 1994 ($1.36), and September, 1999 (80 cents); the latter was also his lowest-price buy tip. The highest was $4.35 in October, 1996. Corriente was $1.18 at the time of his report. Mr. Bishop notes that on Oct. 27, Corriente released additional Chancho near-surface drilling results. Chancho could turn out to be a valuable addition to Mirador, but he says he does not have the impression that Corriente has made believers out of many in the market, and this helps to account for its languishing share price. Mr. Bishop suspects Corriente is also a victim of its own price history earlier in the year (it peaked at $3.55 in April) on strong volume. "The result is that it may be hard for Corriente to get out of its own way between now and year-end, a condition that could be changed by spectacular drill results," he says.

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