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Gold/Mining/Energy : Churchill (CUQ), PE of 3! -- Ignore unavailable to you. Want to Upgrade?


To: speculatingvalue who wrote (150)7/21/1999 10:48:00 AM
From: Robert van Mil  Read Replies (1) | Respond to of 264
 
Neat thing to reflect on is this:
beginning of June, CUQ is trading at about a buck thirty. This would be the result of a strong trend upwards, started at about the end of March.
Company announces ,give or take, about 100 million dollars worth of new orders. Company announces that it is debt free.
So upward trend comes to a grinding halt, and after all that, the company is still trading at about a buck thirty.
Kinda makes you wonder what would happen if they were to announce another 100 million dollars worth of sales. Would the stock actually go down???
Hey, I know that these orders are lower margin then some of the other things they are involved in, but still.
How I wish they would move to the TSE....
Robert