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QuestEx Gold & Copper Ltd. V.QEX


Primary Symbol: QEXGF

Metals & Mining Industrial Metals & Minerals
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

QuestEx Gold & Copper Ltd. > If Newmont makes an offer on Questex will you take $1 or $3.
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Comment by jfan22on Mar 23, 2021 1:09pm
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Post# 32858811

RE:RE:RE:RE:RE:RE:RE:RE:If Newmont makes an offer on Questex will you take $1 or $3.

RE:RE:RE:RE:RE:RE:RE:RE:If Newmont makes an offer on Questex will you take $1 or $3.I know many will disagree with that last post, but I'd like to point something out: https://questex.ca/site/assets/files/4311/2021-02-quex-cp.pdf

On slide 13 is shows MC (~$15.5M) and total exploration expenditures from 2011-2020 ($38.1M). 

My opinion is rather extreme, but junior exploration is a value destructive business if not done right. The odds of success are low, and so the risks taken to progress deposits (even ones with good potential) need to be reflective of that. I do believe management gets that from my conversations with them.

I hope to see a smaller raise at fair rates to existing shareholders and some other way to find the extra cash.
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