There would be a lot to be worried about if CQT was the only junior being valued by the market at a very low dollar value based on its in ground resources.
But CQT has heaps and heaps of company. Eg. NAV, CRK and the list goes on and on and on.
As I have posted under "Gold" and elsewhere, juniors with good quality gold resources are the cheapest they have been relative to the US dollar gold price for many, many years.
This of course, imo, will change as the gold bull develops.
In my opinion we will reach a point where juniors with good quality gold resources will be by far the dearest they have been relative to the US dollar gold price for many, many years.
This imo will mean rises from here in the many hundreds of per cent. No doubt many will then imo be praising company Managements and telling us what great value the shares are!
CQT Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
