Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Corriente Resources V.CTQ Junior Exploration Co. -- Ignore unavailable to you. Want to Upgrade?

To: WillC who wrote (1355)	4/29/2000 4:23:00 PM
From: StocksDATsoar	Read Replies (1) \| Respond to of 1416

Corriente Resources Inc - Bishop says beaten up Corriente on rebound Corriente Resources Inc CTQ Shares issued 21,387,832 2000-04-28 close $3 Friday Apr 28 2000 Robert Bishop, writing in the April 6 issue of his Gold Mining Stock Report, says an examination of his portfolio indicates that the best performers have been the most speculative, beaten up, all-but-forgotten stocks on his roster. One of these is Corriente Resources, which ran from a low of 50 cents in December -- when it was in his top-10 company grouping -- to a March high of $3.30. It was $2.90 when he wrote his report. Mr. Bishop recommended the stock seven times between June, 1994 ($1.36), and September, 1999 (80 cents); the latter was also his lowest price buy tip on the stock. The highest was $4.35 in October, 1996. After having dropped from its $20 high in March, 1997, to 50 cents in December, its recent price "certainly qualifies as a bear market turnaround." Mr. Bishop says Corriente was always respectable because of its hefty treasury. In his short report, the letter writer does not indicate to his subscribers what has been driving the stock this year. In a Dec. 20 Fax-Alert, however, he said a recent deal with Billiton and David Lowell would produce significant exploration news in 2000. (c) Copyright 2000 Canjex Publishing Ltd. canada-stockwatch.com