Replies to post #3585 on Canadian Stocks

[howestreetbull]

re CUI.v Hey gmarc,
BMR out with a support piece on the name...

Currie Rose Resources (CUI, TSX-V) came out with encouraging news this morning on several fronts…drilling has intersected near-surface Goldmineralization along a strike length of 300 metres in its first-ever drill program at the Sisu River Property which is part of Currie Rose’s large Mabale Hills Project in northwest Tanzania…while there is certainly no “big hit” yet at Sisu River, which has disappointed the speculators and driven down the share price, there’s clear evidence in the results that CUI is on to something at this property which is why the company has already secured a rig for a major follow-up drill program in the spring…the best result was 11 g/t Au over three metres in hole #13…70% of the shallow 26 holes intersected mineralization and geologist Michael Griffiths stated, “We’re optimistic because other deposits in Tanzania show similar near-surface expressions”…200 kilometres to the southeast, Currie Rose’s Sekenke Project is of major interest as it surrounds and runs in between two past producing high grade mines…in addition, an 8,000 metre drill program is scheduled to commence tomorrow at the company’s Scadding Gold Property near Sudbury…Trueclaim Exploration (TRM, TSX-V) is the operator and has an option to earn a 51% interest in that project…Currie Rose’s working capital has also increased to $2 million through the exercising of warrants…the stock has been volatile today, climbing as high as 39 cents before news came out…some of the speculators and “flippers” obviously sold on the news which is often typical…the stock is currently down 11 cents at 23 cents on nearly 8 million shares…we look at the bigger, longer-term picture which is extremely positive for CUI as the company continues to move forward with a truly outstanding land package in a prolific Gold region of Tanzania…we’re as optimistic as ever regarding Currie Rose and we see strong potential for a breakthrough year for this company, so the kind of sell-off we’re seeing so far this morning presents opportunity in our view..