CQT conquest mining limited
Add to My Watchlist 0.00% ! 51.5¢

huge upside

  1. Rameez
    12,782 Posts.
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    17/09/09
    16:43
    Post #: 5657391
    At about this time in 2007 investors were paying around the 75-90 cents per share on the back of very good drilling results but no defined resource.

    Two years later & after the GFC the price is getting close to 80 cents, but with a defined resource of 2,650,000 oz of gold equivilant. With the distinct possibility that further drilling due to commence shortly will increase this existing resource substantialy.
    Prior to the forthcoming drilling program CQT had a conservative NPV of approx $1.18 per share. Note the price of gold has increased significantly since that NPV was calculated.
    Screaming buy IMO.
    DONT TAKE ANY NOTICE OF ME BECAUSE I AM BIASED.
    GET YOUR OWN INFO VIA THE CONQUEST WEBSITE & ASX ANNOUNCEMENTS
    CQT Price at posting: 78.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 6  Upvote
    lightbulb Created with Sketch.  Great analysis
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