That CQT is a very cheap gold stock with huge reserves of gold, silver & copper in north queensland plus exciting potential to increase these reserves.
The company has NPV of $300 million that equates to approx $1.15 per share.
Rumour of a takeover by its JV partner & major shareholder GFA plus huge exploration upside could provide substantial upside in the shareprice of CQT.
The current price of 55 cents IMO provides low risk opportunity.
Please read the current investor notice released by CQT to ASX 21/08/09 & all company announcements from 2006 & on prior to buying this stock.
do you realise?
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