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QuestEx Gold & Copper Ltd. QEXGF

QuestEx Gold & Copper Ltd is engaged in the business of mineral exploration for the purpose of acquiring and advancing mineral properties located in the Golden Triangle and the Toodoggone area of British Columbia, Canada. The exploration projects include Castle, KSP, North ROK, Kingpin, Sofia, and others.


OTCQX:QEXGF - Post by User

Comment by jfan22on Mar 30, 2022 2:03pm
157 Views
Post# 34559827

RE:RE:RE:RE:news out - Skeena acquisition

RE:RE:RE:RE:news out - Skeena acquisitionYep, that would have been nice but there was a reason they didn't. Likely the reason is it was >$250/m (I discussed that number with Tony on the phone) to drill and they needed to go deep like GTT did (>1000m). We simply didn't have the money to risk like that type of campaign. 

Castle/Saddle needed to be interpreted together to increase the chances of hits or progressed by someone who doesn't rely on dilutive financing.

Maybe if Inel resource excited the market and the SP went higher it would have been an option.
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