That a project can have a resource upgrade or drilling results which catch the market completely off guard.
How else could CDU trade below 40 cents in June 2006 and hit $10.00 on the 5th. July?
What we do know about CQT is that there have been a number of sensational drilling results released - intersections of 80 metres plus with strong grades.
We also know that Gold Fields and Management have been buying.
What will suit us fine are for drilling results to lead to a major upgrade in the project's in ground resources from what was indicated as of October 2006 (Source:
http://www.conquestmining.com.au/projects/m-mt-resource.php) and for the market to factor in further substanial upgrades to resources.
For example, we would like drill hole 132 to be both a huge intersection PLUS have substantial ore grades.
- Forums
- ASX - By Stock
- what can we learn from cdu...
That a project can have a resource upgrade or drilling results...
-
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CQT (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online