re: goldfields...
How many companies in Australia are hitting intersections of 80 metres plus high grade gold/silver/copper ore?
CQT looks like it is on to something special.
So based on CQT's current drilling results, phenomenal exploration and resource upside, PLUS potential price increases for its resources like gold and silver PLUS lack of political risk, I am at a loss to understand how $1 a share, valuing this company around a token $225 million - is good enough for a takeover.
A significant market rerating as the market wakes up to the fact that CQT is on to something special will get rid of this $1 a share takeover speculation.
CQT Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held