If they dont disclose anything how are they going to validate that they spent 5mill. They dont have to disclose exact results but if they drill 100 holes that will be enough for me. This will mean they have found something. If they drill 10 holes and stop then we have to worry.
The funny thing is that the anomoly looks like it is two thirds in GF land but the scan only picked up a small portion of SH when infact drilling has shown it to be much larger. Im pretty certain that the anomoly and SH deposit are one-therefore this would mean there would be still plenty of gold in CQT territory.
Dont forget, CQT still owns 50% of the JV land so they have a right to know whats in the land if GF drill. CQT shareholders will not sell out unless they know whats in the JV area. Do you think GF can keep a 3-4bill resource a secret...I dont think so.
CQT Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held