OTCQX:QEXGF - Post by User
Comment by
HornbyBayon Mar 22, 2021 5:56pm
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Post# 32855163
RE:RE:RE:RE:If Newmont makes an offer on Questex will you take $1 or $3.
RE:RE:RE:RE:If Newmont makes an offer on Questex will you take $1 or $3.JF - Excellent points! Personally, I'm not adverse to some smart joint ventures. Questex has many good targets -- and I would prefer to keep the share structure low while exploring as many as possible. While it is tempting to go it alone for the big score, the cost of drilling in the GT can potentially sink a company with a low cash position like questex. With such a great land package, the project generator business model - with exploration on other companies' dime - looks like a good strategy to me.
Disclosure: I own shares of Questex, just my opinions, not investment advice.