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Gold/Mining/Energy : Canuc Resources Inc.

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To: Winzer who wrote (162)8/22/1997 8:41:00 PM
From: Winzer   of 176
 
Good run with a high of 98c on good volume. The close up +1 to 95c.

The weighted average price is morelike 97c. And NFM has reached 35c from the low of 20c on "heavy" buying by Levesque Beaubien. Remember one cash flow mechanism floated was the possibility of developing the copper-gold scarn zone; I imagine that in order to do this there has to be cooperation between the two. In the past there seem to be a lot of tell tale market activity prior to announcements. Who knows this could also be an announcement on the TSE listing or the updated reserves. Any guesses?

Cheers Winzer
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