Pilko,
Your $5 offers is so ridiculous its not even funny.
NPV has the SP at about $1.10. CQT needs to either find another four times the amount of gold they currently hold or the POG needs to go through the roof! Both of these seem very, very unlikely.
Has anyone actually looked at the grades from the holes that ended in mineralisation? I had a quick look and there wasn't anything too flash. Plenty of holes DIDN'T end in mineralisation so the think that we have a significant resource under the current resource even with layering is fantasy talk.
Happy to be proven wrong for long term holders sake.
Vic
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