GREY:CQXFF - Post by User
Post by
feasttimeon Jan 21, 2011 3:03pm
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Post# 18008939
Bounced of 50 day MA...
Bounced of 50 day MA...Smart money loading up today as CQX bounced of its 50 day moving average in the .26 range.
When you know that a company has the goods, you can sleep at night, investing 'contra the heard' in weaker markets.
This stock is STILL flying under the radar....
They just recently announced that they've acquired close to 4000 acres in UTAH, near the Nevada border, consisting
of the entire former Goldstrike mining camp , for only $40k up front + standard net smelter fee!! There is NO
DILUSION here for shareholders, which is unheard of. CQX has one shrewd management team + Wasamac #'s due in the coming weeks from RICHMONT (as stated in RIC's release today).
Good luck to all.
Feast Time