At a market cap of ~ $40-50 aud / oz this is about as low as it wll get for CQT. So it's a great time to buy (for those who are impatient, sell at the bottom).
+ plus: we have the massive hits by CQT within its 100% owned boundary that will expand the ounces - and by no small meaure in my opinion;
+ plus: we have 4 drill hits from GFA which in my mind just confirm the geology which CQT understood all along ie. unique.
+ plus: we have savage cut rate this month & possibly next - anyone who understands economics will know that expansive credit means higher gold prices. May be $1000 / oz will finally wake people up to the gold sector;
no doubt this is big, that's why it's frustrating to see the price this low. The negative:
+ someone is acccumulating, and what better time to cap the price while everyone is twitchy about the market, the junior gold sector is unloved.
Those talking of $1-$2 are selling themselves short.
- Forums
- ASX - By Stock
- CQT
- yes it will be a conquest
yes it will be a conquest , page-24
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CQT (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO & MD
Charles Armstrong
CEO & MD
Previous Video
Next Video
SPONSORED BY The Market Online