CQT conquest mining limited

repost of t4p s analysis, page-6

  1. 8,157 Posts.
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    re: exberliner1 haspete thanks pete..... good advice ....I have researched the history of the directors running the company.

    That is why I have not bet the farm on this one...

    CQT does though seem to have given up its bad habbits for now

    * No big dumping into strength today
    * Plenty of big trades going through I don't have Web Iress but I saw many 100,000 deals on depth
    * These trades can only be from the big end of town and not all specy punts
    * Oppies are moving well with all sellers finding willing buyers - again even in size 400,000 + deals in some cases
    * Closed at high .32 with not all buy orders filled at .32 in the closing auction
    * I received an email from a friend of my parents in Perth asking what I think about CQT as his broker had said it was a strong buy
    * The drilling report of last week was excellent
    * More drilling reports to come
    * The company does not have a big cap - plenty of upside


    On the dowside....

    * The management has a history of doing unexpected things with regard to the share price...

    I am not a wide eyed dreamer holding his first shares so I know there is still some risk in holding CQT.

    But - the upside wins atm

    When I think that has changed either becuase the sp has reached a good exit price or something detrimental happens I will be of the register in a flash.

    Thanks again for your feedback though.

    EB
 
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