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101 Posts.
18
05/06/08
12:13
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This is certainly turing into a pretty dirty week for QGC. I likewise am a long term holder/believer in the benefits of the CSM.
At these levels (circa $5.) I would suggest the sell off has been overdone also, given quality of tenements, and the value of the BG supply contract.
For mine, fair value seems to loom between $5 and $5.50.
IMHO we'll need further announcements, ie reserves upgrade or BG to TKO Origin before we can permanently sail and stay beyond $5.50.
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