All you need do is go to http://www.gata.org/ and read up on the gold manipulation scam and you will find out why this project currently is not super profitable.
One of the issues in the DFS is the initial $138 million capital costs. These cost increases over the last 20, 30 years have not been manipulated down. But the gold price has.
At shadowstats.com suggest it has been shown that the 1980 US$850 spike in gold is well over US$6000 today correctly adjusted for inflation - not just US$2,300 which is obtained by using the rigged official US Government statistics.
So that means a 1980 gold price of just US$200 correctly adjusted for inflation is over US$1500 today.
Get the gist. Costs have skyrocketed but riggers of gold have crushed the gold industry, crushed gold companies and crushed investors and continue to do so using paper pozi schemes to created tonnes and tonnes of gold out of thin air which is shorted to control the price of physical gold.
If you've become a victim you will find out who to blame at http://www.gata.org/ and it's sure not CQT Management.
There's absolutely nothing wrong with this project with a fair gold price.
CQT Price at posting:
23.5¢ Sentiment: None Disclosure: Not Held
