If you have a look at CQT's chart the slightly downtrending channel formed from early this year has now been broken to the downside.
On a strong day for gold and gold shares with juniors doing OK, CQT has fallen 5.26%.
Assuming everything is above board CQT looks a stand out bargain if you ignore the chart.
I've been tempted on numerous occassions to jump back into CQT. But I keep looking at its chart and the consistent selling. Why is this happening? I don't know and I won't speculate here.
So I'm staying clear at this point in time.
What sort of promotion by Management has been taking place in CQT? How many investors are going to stumble on CQT unless they come to HC or it is mentioned by their brokers when looking at junior gold stocks, financial pages of newspapers etc?
Maybe CQT is simply unloved in this market and an absolute steal at current prices? I don't know.
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