CQT 0.00% 51.5¢ conquest mining limited

something has to happen, page-2

  1. 359 Posts.
    Hey Nannook

    The problem with the measured status is that everyone is expecting it, just like the last infered resource...and we know what happened to that. The question is whether the market will respond positively to the measured status. We all know that it is largely undervalued but I think that a measured status announcement followed closely by a GF positive announcement will really put CQT on the radar. Perhaps sometime in Jan. The GF announcement is the big one as it has an element of uncertainty, unlike the measured status which we all know is somewhere around 2bill.

    GF will certainly scramble to pick up CQT because the sp is currently lower than the NPV of the stock. The question is whether GF will announce their results or sit on them for a while. I know the agreement is unconditional but who is keeping track of that.

    I wonder if all the ducks are lined up yet...or are we waiting for easter or next xmas.

 
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