I totally agree and I also bought more CQT late today. In the last week I have increased my holding by 200 percent and will continue to increase my stake on further dips though I doubt CQT will slide much lower.
This is not a stock to be traded and fortunately CQT has an extremely lower day-trader base.
The POG had a turning point when the Fed cut 75pts and will continue to make further cuts in 2008. The POG will always fluctuate but this is set to occur within an increasing upward trend.
Historically gold shares always lag the POG especially gold explorers who are always the last to benefit in the cycle. However the most rapid and dramatic gains are always bestowed on gold explorers with potentially massive discoveries.
I know which category CQT is in and so do some very successful investors.
CQT Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held