GREY:CQXFF - Post by User
Comment by
jsnfernleyon Jun 13, 2014 11:55am
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Post# 22657752
RE:?? Management ??
RE:?? Management ????Management?? has little to go on. They refused to seriously cash up when the stock had two decent runs over the last 5 years. They have an extensive database of drill holes, historical and some recent, but can't get a 43-101 resource for Goldstrike (although I have no doubt they have several small conceptual resources for some pit areas that are not 43-101 compliant).
Management has clung to "we can't dilute" but never got the money to prove up something bigger, especially that portion of the one pit that had +15oz/tonne in the drill core.
Let Pilot Gold take over Goldstrike--at least they have cash and a plan. John Kaiser had written about CQX some time ago, and how Andre Audet was putting together a geological concept that certain areas may have been masking high grade areas, but I guess they couldn't get the $300k to test that either--on their terms.