CQT 0.00% 51.5¢ conquest mining limited

chart analysis .. broken out, page-7

  1. 3,800 Posts.
    re: question please. they are very different stocks

    CQT has a known economic deposit, it is just a question of drilling it out and finding how big it is. As the deposit is not yet fully defined and there are some pretty sweet results coming out, there is good share price upside if the results keep flowing.


    TRF has two holes with nice interserctions. Which do not make a mineable orebody. But very easily could.....
    but two holes means potential geological complexities are not known at all.... therefore risks much higher.

    CQT is the safer stock, but is valued significantly higher already thus has less leverage.

    TRF significantly more risk but significantly more upside.
    At TRFs current market cap this could be a multibagger very quickly, (in the next couple of months). alternatively it could halve in price if the next set of drill results are poor.

    Its the same old question... risk vs reward....and timeframe...

    Personally I like TRF. As a "trade". It certainly could not be seen as an investment. Whereas CQT could be seen as a reasonable gold stock to hold for the next 12 months, therefore it is more of an investment.

    my views only.

    acturtle







 
watchlist Created with Sketch. Add CQT (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.