Post by
goldenrivit on Jan 28, 2022 1:04pm
Cachimbo
I have done extensive work on the study of VMS discoveries.Cachimbo is a black somker that was on the ocean floor at the intersection collision plate bounderies at the North American Plate.Typical VMS discoveries are between 15mt and 100+mt.The footprint of Cachimbo looks to be some where in the middle in terms of tonnage making it about twice the size of Romero.What is very odd and rare is such high gold content in Cachimbo.Most VMS discoveries world wide have very low gold content and is not the pay dirt metal.But cachimbo with over 10gt gold is very rare.This was the reason AEM was very keen on GQC as they understand Kidd Creek like VMS and operate a Quebec VMS mine as one of its most profitable mines.What we find in VMS is they don't like Orphans and are found in clusters like a string of Pearls.So if the Romero licence is issued then Bill told me we will turn Cachimbo into swiss cheeze.Then the real fire works will light the SP on fire.Cachimbo is looking like a sleeping monster.The focus here will no longer be on the licence but the geology once again in the near term.Now that would be nice.
as one of it most profitable mines.
Comment by
fozzie88 on Jan 28, 2022 1:25pm
AMEN! ...the fun is just beginning... GRivit check inbox
Comment by
PeterOffDuty on Jan 29, 2022 4:33pm
Agreed!! The data is the data! Like many said before, Goldquest $GQC is a sleeping giant. When the results are published on additional drills of GQC sights, $3.00 will look like bargain pricing. The thing is a monster!! See you all at the finish line! GLTA
Comment by
harleyonvacatio on Jan 29, 2022 11:31am
This post has been removed in accordance with Community Policy
Comment by
PECUNIARY2022 on Jan 30, 2022 1:47pm
Agreed, and as a result, AEM might never allow GQC to trade. I suspect an AEM buyout just before (a known) DR license. Previously I posted the last time major miners (GDX) were breaking down as US yields and dollar were peaking was early 2016... ie., a great time for a junior with good bones to be free. Thoughts?
Comment by
fozzie88 on Jan 30, 2022 4:52pm
if AEM takes us out, it will be fairly high sp... Swiss know what's there along with the rest of us... question to ask is how much would you take right now?... the permit will happen shortly.
Comment by
PECUNIARY2022 on Jan 30, 2022 6:50pm
I would take 2 (10 bagger) on the permit, 3 on an AEM takeout... prob would just hold AEM
Comment by
PeterOffDuty on Jan 30, 2022 9:17pm
Way to low. This thing hit 2 just on Romero speculation. I would hesitate a guess that people know Chichimbo might be worth A LOT more. This one ain't going cheap. This baby is a rare find. Agnico and Barrick may want on on that. Then again, what the hell do I know... GLTA
Comment by
PECUNIARY2022 on Jan 31, 2022 5:54am
Yes, agree fully... my takeaway - rank speculation - is that you will not see those justified prices via GQC directly but more likely from AEM that gobbles at 3 and thereafter doubles/triples etc on the ANOTHER/FOA reset of gold pricing and policies.