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Corriente Resources Inc. and the Comparables Within.

Publication: M2 Presswire
Publication Date: 20-DEC-06
Format: Online
Delivery: Immediate Online Access

Article Excerpt
M2 PRESSWIRE-20 December 2006-www.streetinvesting.com: Corriente Resources Inc. and the Comparables Within(C)1994-2006 M2 COMMUNICATIONS LTD

RDATE:20122006

Investors of Corriente Resources Inc. (TSX:CTQ)(AMEX:ETQ) witnessed a slight, 0.22% decline in share price accompanied by a trading volume of 48,500 on Tuesday.

Throughout the past 52 weeks, investors of Corriente Resources Inc. have witnessed a very volatile and somewhat erratic trading pattern. Although some investors are weary of performances such as these, others live for them. This is because trading activity such as this can yield huge returns in a relatively short amount of time.

Although Corriente Resources Inc. is currently trading below its 52-week high, it still closed significantly higher than its year low of approximately $3.03. Upon noting this Company's current share price, in combination with the company's ongoing developments, Streetinvesting.com has decided to take a closer look at this Canadian-based resource development and exploration company.

In some of the most recent news to surface surrounding the aforementioned Corriente Resources Inc., which we feel may have had an effect on the day's success in the marketplace, as well as an ongoing effect on shareholder outcome, Corriente Resources Inc. announced assay results received from the most recent fourteen holes drilled at Panantza...

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