OTCQX:QEXGF - Post by User
Comment by
HornbyBayon Mar 22, 2021 2:56pm
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Post# 32851591
RE:RE:If Newmont makes an offer on Questex will you take $1 or $3.
RE:RE:If Newmont makes an offer on Questex will you take $1 or $3.G - Book value is often not the major factor for a junior explorer. These speculative plays are burning matches — the fundamentals rarely look good. The reason questex is a great opportunity ... location, location, location ... with better management than predecessor. Also, the GT acquisition greatly increases the odds in our favor. Regardless of value fundamentals, share price should get a nice boost when drilling announced. Lots of smart money players will want to hold some lottery tickets in advance of a possible big hit.
Disclosure: I own shares of questex, just my opinions, not investment advice.