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Gold/Mining/Energy : CURLEW LAKE RESOURCES (CWQ-VSE) -- Ignore unavailable to you. Want to Upgrade?


To: GerPol who wrote (688)3/3/2002 6:08:22 PM
From: Dale Schwartzenhauer  Read Replies (1) | Respond to of 701
 
As I suspected some time ago, Ekho is not dead, only in hibernation. There is still some question as to whether Curlew will participate in the next round. Their share would be around $150,000 US, a substantial sum for a program that does not have assured success. I think many investors would rather see the Company maintain its more conservative Turner Valley interests than chase high risk oil ventures in California. It will be interesting to see who Tri-Valley finds to pony-up 95% of the money. I'm inclined to judge the value and worth of the frac program by the next participants. If they're oil industry types, that bodes much better than if they find their roots in the financial/investment sector. If we see smart money seeking to get involved, then we could be in good company. So, time will tell. Meanwhile, I think the stock is very oversold at recent lows and should be primed for another advance, whatever it's sparked by.

Dale