Permits
The permits are finally starting to roll.
The first one announced today sews up the gold deal
made with Avion, and increases GQs' working capitol.
The second one, the exploration camp permit, can only be
seen as a prelude to the initial phosphate concession permits.
The initial concession permits will enable GQ to start the
drilling program. With the exploration camp permit in place,
can the drilling permits be far behind?
Financially the company is in excellent shape. A private placement
at this point seems very unlikely. That leaves only one place to acquire
a substancial position in GQ, and that is in the open market.
If and when the drilling begins to prove up this potentially world-class
phosphate rock deposit....., suggesting .an "EXPLOSION" in the share price of GQ
would be putting it mildly.
"From my cold dead hands"......DB-2