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


To: speculatingvalue who wrote (112)4/30/1999 6:02:00 PM
From: Ciao  Read Replies (1) | Respond to of 264
 
Could be coincidental to mail out of AR and info circular for annual meeting, recovery in oil and gas sector in Calgary and effect on construction and overall improvement in real estate.



To: speculatingvalue who wrote (112)5/1/1999 2:38:00 PM
From: Gulo  Read Replies (1) | Respond to of 264
 
>>Any idea why Churchill is suddenly moving?

I gave it a bit of a prod.

The bids were piling up as more people got interested in the stock, probably because of the recent results. I saw that the asks were thinning out, and I wanted to get more before it started to move. Besides, I got tired of waiting. I only had 2400 to this point (@ $1.00).

Rather than begin to slowly raise the bid and start a race, I decided to take out the asks in larger chunks. I'm in now for 20K at an average of 1.12.

If you guys would have left some for me at <1.00, I wouldn't have acted to rashly! ;)

It may retreat a bit yet, so I'm waiting to get more.

Best of luck, and leave some for me!