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.
CQT Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held