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

To: Far Side who wrote (257)	6/27/2000 2:04:00 PM
From: speculatingvalue	Read Replies (1) \| Respond to of 264

That's how I'm looking at it, too. It's my "high interest savings account". It rose from $1.00 to $1.30 last fall (30%) and again to $1.60 this spring (23%). I have no doubt that it was the company picking support levels of $1, $1.30 and now $1.60 to buy back their stock. The returns are nice even though it hasn't run yet. I suspect it is the company selling at $1.75 - $1.80 to keep it from running too high before they are ready. They are forcing retailers to sell between $1.60 and $1.75. The supply of stock in retailer's hands must be dwindling. It won't take much for it to run when the company is ready. Check out tur.a, another quiet thread I started. When it was $1.65 no one posted. It has run to $31 and it is still dead quiet. Subject 27637 A lot of times the quiet threads are the most profitable. BTW: there is a little more activity in the Stockhouse.com CUQ thread.

To: Far Side who wrote (257)	7/26/2000 12:31:10 PM
From: speculatingvalue	Respond to of 264

EDMONTON, July 26 /CNW/ - The Churchill Corporation announces that it has amended its normal course issuer bid. The number of shares that Churchill may repurchase for cancellation has been increased by 329,748 from 520,000 to 849,748, or 10% of its January 5, 2000 public market float of 8,497,487 shares. The amended issuer bid will expire on the earlier of January 9, 2001, and the date that Churchill acquires the maximum number of common shares subject to the Bid. Under the Bid, the Corporation will acquire, from time to time, its common shares at the market price for cash through the facilities of The Toronto Stock Exchange. Under the current Bid that commenced January 10, 2000, Churchill has purchased 495,300 common shares for cancellation at an average price of $1.51 per share for an aggregate amount of $748,000. Since initiating its Issuer Bid Program on January 21, 1999, Churchill has repurchased 767,200 common shares at an average price of $1.42 per share for an aggregate amount of $1,090,000. The Churchill Board of Directors continues to be of the view that the common shares of the Corporation are undervalued on the market and that purchases of the shares at or near the current market price is therefore advantageous to shareholders. Management is not aware of any material changes in the business or affairs of the Corporation that have not been publicly disclosed. The Churchill Corporation provides commercial building, industrial construction and related services throughout western Canada. Annual revenue is in excess of $225 million. Churchill shares are listed on The Toronto Stock Exchange under the trading symbol ``CUQ''. -0- 07/26/2000 For further information: H. R. (Hank) Reid, P. Eng., MBA, President and Chief Executive Officer or: Bill McKenzie, MBA, CFA, Vice President Corporate Development, The Churchill Corporation, (780) 454-3667; To request a free copy of this organization's annual report, please go to www.newswire.ca and click on reports@cnw.