QMX Gold Corporation V.QMX

Time to get ducks in a row

[OgnyQ4]

Time to get  ducks in a row :

•  total price for drilling per meter = 135$. 5 rigs x 4,000 meters drill per monts x 135$. ~ 2 700 000 per month + 140 000 g&a expenses + other expenses ~ 3 million per month.   As of today QMX have ~ 18 million (with warrants and options exercised).  So 6 more months. That's makes me to assume PP is inevitable but not urgent. That's why I think that PP will be  -  20 million dollars, FT, 50 cents,  no warrants. From the existing strategic investors only Mr. Sprott have balls for PP like that.

•  probably some of the biggest investors are not happy OR want to take the profits and think that IT is time to........ .. quote "gets off the bus".........   :   

           A/ Now, if you remember during the very first week after the FVL discovery the biggest FVL investor ( institutional shareholder) used the liquidity created from the discovery to dump all his shares)... We all know WHO replaced him and whats happened with FVL market cap..... IMO uncle Eric is also a BUYER on the MARKET the last 2 days.
          B/ The major holder of Royalties on the QMX property AND with 6% ownership is Osisko Gold Royalties.  O3 (strategic shareholder and Co-owner of the Mill) is also part from Osisko Group...... IMO they will be satisfied to keep access to the Mill. AND to keep royalties.    They are the SELLERS........................ SELLINGING/TRANSFERRING,  "on the Market"  ( we know what that possibly means ... around 30 CENTS).
          C/ Probe Metals( neighbour ) with 4% ownership.......... they was here for the Mill. They did not get it.. So.... SELLERS...SELLINGING/TRANSFERRING,  "on the MARKET" around 30 cents.
           D/ Eldorado Gold with 18% ownership and plenty of CASH, they could Go on the bidding WAR with Mr. Sprott ( I will highly appreciate that battle of the Giants ).     They have ONLY ONE mine in Nord America(just behind the corner) - Lamaque- and it is running out of resources. (less than 700 000 Oz, ) Lamaque annual production > 150 000 oz....................  

     

      If it looks like a duck, swims like a duck, and quacks like a duck, then it probably is a duck.