quarterly report out, page-11

margin calls plus I wouldn't be surprised 1-3 mths down the track we get a major shareholder announcement - a major insto or GFA themselves on the shareholder registry list.

In hindsight, really no surprise the share price has fallen since the GFA JV announcement - alerted an insto or GFA themselves to take a bigger slice of CQT (& who wouldn't). The problem for them, given the low volumes, that it will take them 3-6 mths to accummulate a 5-10% shareholding.

CQT is now at prices not seen since end of 2006. Meanwhile:
+ gold price has risen 30-50%;
+ silver price has risen 30-50%; &
+ CQT resource has almost doubled - & potential grown.

What can I say, it's a steal at these prices but may not see great price action until significant shareholding announcement (or $1000/oz gold price is hit). Patience will be rewarded.