Candian Imperial Ventures, CQV Message Board

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Gold/Mining/Energy : Candian Imperial Ventures, CQV

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To: Ron Struthers who started this subject	5/13/2001 9:56:37 AM
From: Ed Ajootian	Read Replies (1) of 9

Ron, Thanks so much for recommending this stock on your newsletter. I would not have heard of it otherwise. Bought in at an average cost of about C$.75 and sold just under a fifth of my position at C$1.94 on Thursday. Wondering what to do with the rest at this point. I unfortunately did not get a very large position so its very tempting to just let the rest ride, at least until they are halfway down on the second well. This first recompletion looks pretty good so far, but it seems that the market has already priced the success of the well into the stock price. BTW, your figure for shares outstanding in your initial post is way off. From what I can tell, they have about 66 M shares out, 81 M shares fully diluted, and about 15 M shares in the public float. IMO the price action on CQV is indicative of how high the "Greed Quotient" is for highly-promoted resource stocks the CDNX these days. This bodes well for other stocks you are following such as BPR, which have not started their hype shows yet. I've decided to allocate a lot more of my investment portfolio to these stocks at this time. Hope you had a great vacation!

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