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Gold/Mining/Energy : CURLEW LAKE RESOURCES (CWQ-VSE)

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To: Bearcatbob who wrote (195)8/26/1997 1:34:00 AM
From: Dale Schwartzenhauer  Read Replies (1) of 701
 
Back from vacation, I hope it happens soon! Last I heard they were still analyzing the data. We're all anxious to know what's happening next, but the important thing is to get an accurate reading of the data so we make the right decisions. The odds of success should be greater since more is known about the geology of the property. Elsewhere, it appears that permitting is moving ahead on the Berkley well following some resistance from a local property owner. I also like the recent trading in Shamrock as some precursor of activity in the Forum. A private placement of 1 million units at C$0.15 was recently announced, half of which is flow-through. Funds are earmarked for the Turner Valley, Chestermere & Provost fields as well as general working capital. A 2-year warrant is attached for an additional share at C$0.20. Presumably, any further participation in Bacon Island and/or the Forum would be funded separately, but that's just a personal observation. In short, there is quite a bit coming up and I'm favorably disposed to the stock here.

Best regards, Dale
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