GREY:CQXFF - Post by User
Comment by
RogueWolfon Jul 22, 2012 3:38pm
283 Views
Post# 20139985
RE: Very strange
RE: Very strange No it really doesnt.....all these new intercepts should add to our value...and we were undervalued based on our first intercepts. moreover...we've proved its a shallow, blanket style mineralization.....maybe not as high grade as some vein systems...but generally more economical as theres a lot less country rock in there.
The problem as I see moving forward is dilution....company better act quick to minimize it. Thank god we dont have many shares out as is.
They should have acted far quicker after feb.21st.....but they waited 2 months to even announce a financing....a grave error in my eyes. Now the question is....are people going to want to put their dollars towards CQX or towards CSQ? If CSQ comes out with a more holes like that....we could be in trouble here. Best bet is an institution or a high net worth investor wants to pick up a large chunk in the open market and hopefully moves the price up.
We need to get drilling quick.
Rogue,