As you all know I am a long time believer in CQT.
I have been giving it a strong buy from .39c to .80c.
I valued CQT before last weeks upgrade @ $1.20. Now even more resource in the ground.
With the Opes business we have CQT fall down to a stupid level. Now this has been all wrapped up, I truly believe the Gold fields gloves will be off. Bad for us as the current price is as said very low.
Given I believe GF will want to Take over , they will pay have to pay a premium of the current SP.
So I reckon next week is a license to print money.
IMHO the price by end next week will be up 20% about .65C.
So license to print money , I will buying Monday , see the SP continue to rise all week. As long as Wall ST behave.
Then a couple of weeks time GF make us a offer around the late .70c mark.
I make 50%. Within 3 - 4 weeks.
The safest bet in juniors today IMHO.
Do Your own research.
As you all know I am a long time believer in CQT.I have been...
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