QuestEx Gold & Copper Ltd. QEXGF

RE:RE:RE:Interesting

[NoMiner]

LF – thanks for your thoughts; I think you are pretty much on.
 
I too have been having trouble understanding why ‘no action’ at Castle… it just didn’t seem to make sense.  And as you say, you look around at what else is happening to try to better understand what doesn’t seem to fit.  Frankly that has been part of my role as a negotiator for the last 40+ years – but I couldn’t find a satisfactory answer, even in my own mind.
 
But earlier today it suddenly hit me, a scenario I believe is very plausible – but first want to reiterate that none of us on the outside really knows – it could just be as simple as nobody can make any announcement until after the closing of Newmont’s purchase of GTT.
 
Or – I believe it is very conceivable that it is a bit of QEX and Newmont playing ‘hardball’ in their discussions regarding Castle.  We have heard TB call the ‘majors’ ‘sharks’ when it comes to trying to make a deal with them, and that in essence more pressure needs to be brought into the talks by things like a higher QEX SP...  Well, maybe QEX is sitting still on Castle, knowing Newmont will want/need to have resource definition, and perhaps acquisition, at Castle as they start to design their mine, as well as the need to use some of Castle’s land for infrastructure – so long as QEX is prepared to wait, the pressure just mounts on Newmont. 
 
Just to further that thought – TB also seems to tell us that our land for infrastructure is worth somewhere around QEX’s market value that day – I believe he believes that – so presumably that might mean somewhere around $25M, who knows but that would seem to be somewhat reasonable based on his comment. 
 
Just to finish that thought off – potentially that would provide QEX with approximately $25M that could be earmarked for exploration/definition of Castle’s resource.
 
One last point – when/if all that comes to pass – it would mean that QEX would have $36M ($11 + $25) in the bank and available.  When you think about it, with 40M shares out and $36M in the bank, our current SP of about $1 sure wouldn’t reflect much ‘land value’!
 
I know this almost sounds unreal, and it may be – it is all built on surmise and speculation – and could be way off base – but on the other hand, I’ve only cobbled together some facts and expressed thoughts – it’s only a scenario, but so is the truth.   
 
At least now, if it turns out they aren’t just waiting to make an announcement, I have a better sense of context.   
  
                                    IMHO                                      DYODD