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QMX Gold Corporation V.QMX

QMX Gold Corp is a junior exploration company. It is engaged in mineral exploration and evaluation properties in the province of Quebec. The Company is focusing on the exploration and evaluation of its gold and base metal projects within this region. It is also focused on the Val d'Or mining camp in the Abitibi District of Quebec. It holds the Aurbel property and holds a 100% interest in the VMS properties.


TSXV:QMX - Post by User

Bullboard Posts
Comment by 75020780on Jan 24, 2012 9:10pm
238 Views
Post# 19444699

RE: RE: RE: RE: RE: RE: RE: RE: gamechanger full s

RE: RE: RE: RE: RE: RE: RE: RE: gamechanger full s

Well.. It's possible that they did not report costs/oz or if they're cash positive because:

1. They havn't finished the Q4 & 2011 Year financial reports & don't want to send out a PR that could be incorrect - which would be very bad..

2. Reporting "hey guys now we're cash positive" isn't really the type of PR that you report weeks before quarterly data; that's what the quarterly reports are for....

 

So overall; they missed their Q4 low estimate by 200+ oz. but the bigger picture shows positives. Look at quarterly production; consistently increasing. Keep in mind the gold doesn't grow on trees... they're doing a decent job with the properties they have available to them.

 

Go go Alexis Minerals!

Gl, HF.

-750

Bullboard Posts