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Gold/Mining/Energy : Churchill (CUQ), PE of 3!

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To: Denim who wrote (42)7/21/1998 8:58:00 PM
From: Ciao  Read Replies (2) of 264
 
Denim, the inefficient market applies to microcaps. Stocks such as CUQ do not have a large following and the stock is not valued properly. Once the stock gets a following, the valuation will move closer to its "true" value. You may want to look at the thread I started on GSM when it was $1 and underfollowed. It is now $3.60 and with a larger audience. I don't think anyone knows something that we don't. As I mentioned earlier, I have been real lax in doing my DD on CUQ but I doubt that they only have 8 employees unless they subcontract all their work.

When I started the thread on CUQ, the 52 week hi/lo was $1.31/.12.
Since the stock had gone up 10X!, at $1.31 investors may feel that they are buying an expensive stock!

Are you a novice to CUQ or to the markets in general. If the latter is the case I suggest that you pick up 5 -10 books minimum on the stock market. This may be your best investment!

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