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Gold/Mining/Energy : CURLEW LAKE RESOURCES (CWQ-VSE)
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To: Bearcatbob who wrote (110)6/22/1997 7:07:00 PM
From: Dale Schwartzenhauer   of 701
 
Bob, your average cost should be fairly low by now. I would expect you to show a profit just on initial drilling, even if you play it conservative. There's every indication this play will have a larger impact on Curlew's share price than Turner Valley ever did. Also heard some encouragement on the Forum. A private engineering firm is suppose to be farming in for 40% (leaving CWQ with 6.75%) and taking over as operator from Shamrock. If completed, SHJ should come out with a release to that effect next month, and a new surface lease should be assigned in the fall. So the Forum may get new life in the near future. If we bring in the bacon, Cochise should get some renewed attention too. I feel the stock could see $.45-$.50 in the next couple weeks if we stay on track.

Dale
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