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


To: Far Side who wrote (244)5/3/2000 11:54:00 AM
From: speculatingvalue  Respond to of 264
 
You're right - there is $2.72 in cash per share! Some is advances against work to be done, but they also have accounts receivable.

Now's the time to buy. The volume is going to start picking up as we get closer to the annual meeting IMO.

CUQ is a no brainer. It has almost no down side (safe if the market corrects) and blue sky upside.

If the acquisitions are significant (if they issue 100% more shares, I assume another $200 million in revenues), the upside will be wide open.

I don't think people realise that the number of shares outstanding is so tiny and that the company is employee owned.

If there are any lurkers out there, please post. I feel like Far Side and myself are in a mutual admiration society!

Do you know who owns most of the shares? Insiders account for 20%. Given the light trading pattern, I expect that the rest must be tightly held by institutions or large
investors.

The actual float seems small.



To: Far Side who wrote (244)5/6/2000 12:50:00 AM
From: speculatingvalue  Read Replies (1) | Respond to of 264
 
At least 100,000 shares on the offer.

This is an extremely bullish sign.

Given the volume on the stock and the upward momentum, if someone actually wanted to sell 100,000 shares, they'd peel off 10,000 per day for ten days.

Putting it as a block is usually a means to hold the price down so someone can acquire below the block price.

Another bullish sign:

Message 13594773