There has been a fair amount of critism of management in relation to all the infill drilling. Would i be correct to say that the infill drilling was required to find and negotiate a price for someone to buy the concentrate or dirt direct from the pit?
Without certainty as to the resouce how else can you move to production? Certainty would also be required to raise further $ to move into production. I found it interesting that GF also showed some interest in this regard and also poped a few holes into CQT's resouce. Can we infer that GF did this to confirm the resource is what its represented to be before they try to get hold of part or all of it?
The biggest unknow is JT's recent interest in other listed company and continued effort to buy more CQT. Is he concerned that CQT may be soon taken over (and he joins the unemployment que), so why not buy a few more CQT while he still can.
CQT Price at posting:
40.0¢ Sentiment: Buy Disclosure: Held