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Gold/Mining/Energy : Canuc Increases High Grade Gold Production in Ecuador
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To: Steve Johnston who wrote (70)2/14/1998 8:19:00 PM
From: Winzer  Read Replies (1) of 493
 
Steve, I managed to pick some up at 15 (and 20 & 21 on the way down and was ready to sell my golf clubs if it went down to 10). I was waiting since the last sell off (when the two holes were announced). So I have succeeded in reducing my cost per share significantly. Now all we need is for Hub to have his plan come to fruition.

I keep converting back to when 15 was the equivalent of 3c (pre-consolidation) and I picked up a lot of my shares between 6 & 11. So I have convinced myself that anything under 25 is good fishing.

That press release to me had some rays of hope 1. To start small in one of three locations that they already have tied up. The ore grade, reserve ounces and the plan of attack (using the consultant) seems to the way (conservative)to approach the play at these uncertain times for the POG. Like I've said before, I've been following this stock for over 18 years and they always seem to come back. Even after being delisted! I was chasing it down that time loading up at 2; then it got delisted, and came back stronger than ever. I'm hoping that it will pay off again once the consultant's report and news of Canuc's own sampling is released (hopefully with positive news). Hang in here! Classic penny stock, high risk for possible reward.

Cheers Winzer
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