j.t. is in the east, page-7

Hi Perivale,

What makes you think there will be news out Wed or Thursday? Is it because JT has gone East or is it like a lot of people on this forum just having a wild guess? We have Maximus speaking cryptically about big rabbits coming out of big hats however there are quite a few that believed (including myself) that we would have the measured reserve out by the end of January and we were all incorrect. I hope JT has gone East and is talking to investors as that is his job (he is not a geologist)

I too believe that this company is one of the most undervalued companies going around at the moment and it is up to JT to inform the wider investment community of the opportunities that is before them. This is what will get the share price moving. Measured reserve etc etc is just data but it is of no use if no one is looking at it.

Market conditions are not that flash at the moment which is one excuse that will be used but it is a poor one as when the gold price was running (and it has not fallen that much) CQT continued to fall. If we look at where CQT is the moment and compare gold price, resource in the ground, staus of drilling with where the company was 12 months ago it is not a pretty picture. Gold price as increased by over 25%, resource in the ground has increase by nearly 100% and we are almost at measured reserve status (thus derisking the project) and we have $30 million in the bank just for good measure and our share price is just under half of where it was this time last year.

Now this is the question that should be asked? Why is this so?