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


To: Claude Cormier who wrote (1358)5/2/2000 8:32:00 AM
From: jerry janko  Respond to of 1416
 
CTQ starting the day where we left off yesterday, 3.05/3.05, as we await the NR that could be the start of a change in lifestyle (hope/hope)!!! I have so many stocks that offer opportunity but always seem to run off the road before arriving at that final destination. (success/wealth).. Here we are again, driving down that same road we've travelled so many times before, have a super trading day and bring on the "NR"!!!! cheers, jerry



To: Claude Cormier who wrote (1358)5/2/2000 8:53:00 AM
From: WillC  Read Replies (1) | Respond to of 1416
 
Claude,

My mantra on this one is that grade established at one site opens the door to viability of the entire property. After the assays are released tonight and analysts finally have something they can work with, I hope they will start thinking this way. They should get some help from CTQ as the plan is to present the work done on one of the monster sites within a week or two.

Personally, I'm expecting enough info to indicate the potential for a world-class deposit, but until we have the assays that's just an opinion. Using the Quebrada Blanca copper deposit as a comparison, for which Aur resources recently paid $US329.2 million for 75 million tonnes grading 1.2%, a supergene blanket grading somewhere close to this should put CTQ in the $8.-$10 range. Of course there are four more monsters to follow with maybe another dozen to follow if exploration continues to find new ones so the sky's the limit.

On another topic: I recently discovered that much of the selling over the past two weeks was the result of an American newsletter. I posted my response to this on Stock House, but since that site seems to be permanently down, I'll post it here as well:

I hope that when the results finally come out tonight and investors see that yes, David Lowell has done it again, they will start to realize the importance of using the Internet and the endless tools it provides for doing their own due diligence. I recently discovered that much of the selling over the past few weeks was the result of an American newsletter that gave what appeared as a sell recommendation for CTQ. I read the newsletter as someone sent it to me, but I didn't make much of it as it was so full of inaccuracies and specious reasoning that I didn't think any intelligent investor would take it seriously.

An underling and not the principal wrote the newsletter. He warned his readership that if this property came up a bust then the stock would go down 80%. It referred to CTQ's 20% ownership and disparaged CTQ's poor deal whereby they had to pay for all of the drilling. I've queried CTQ extensively about many of the fine points of this deal and I honestly can't see how this deal could be better for the CTQ shareholders. The writer claimed that 16 holes would not be enough to determine grade (whoever he is he must have more experience than David Lowell and Ken Shannon ) and he also felt that since the property was in the middle of the jungle there was a good chance it wouldn't be developed unless it was a really large hit (try the largest ever?).

I let all my newsletters go three years ago when I realized I could get far better info than my broker by using the Internet. My recommendation to anyone who sold CTQ based upon that newsletter, and I'm sure they will know the one I'm referring to, is to buy your shares back today before the assays come out and then immediately cancel your subscription.

Will