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Bullboard - Stock Discussion Forum Quinto Resources Inc V.QIT.H

Quinto Resources Inc. is a Canada-based gold exploration company. The Company owns a 5% interest in the Monster Lake property in Quebec, Canada, where a bonanza hole grading 237.6 g/t Au over 5.7 meters was drilled, as well several other high-grade gold drill holes. The Monster Lake property consists of approximately 114 mineral claims covering an area of approximately 3,336 hectares. It lies... see more

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Bullboard (TSXV:QIT.H)

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Comment by UniqueKittyon Aug 31, 2020 1:23pm

RE:RE:EMH Verdélite

Verdlite sale to Quinto Contracts for sale are filed as of August 10-12 and available for review on Sedar. Mutual agreement. Benefits both sides. Fresh 21room Grow-Op for QIT. $21mil and ...more

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Comment by Lefreakon Aug 29, 2020 12:28pm

RE:EMH Verdélite

Good read, they have to . News by monday? BTW , i receive nothing from Quinto for a shareholders meeting.

102

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Post by 420mtlon Aug 28, 2020 4:17pm

EMH Verdélite

LOT.V AND QIT done.... Should see some news pretty soon??? If Emerald want a kept 41% JV with VFF in PuresunFarms, must be a done deal???

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Comment by 420mtlon Aug 15, 2020 11:04am

RE:RE:RE:RE:RE:Monster Lake project

With that amount of cash, Quinto is debt free. Good think when you'll compare them with other 420 peers. Trust and experience management will be a key for Future is green...

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Comment by 420mtlon Aug 13, 2020 9:29am

RE:RE:RE:RE:Monster Lake project

Finally , that's the deal $250K + bring back 750K shares of there own QIT shares

Discussion

Comment by 420mtlon Aug 06, 2020 9:20am

RE:RE:RE:RE:RE:RE:RE:RE:EMH Verdélite

700kg x12 months 9600kg Said 8000kg, don't like to be to optimist. 42M shares at 25c add 10.5M 21M just add 5.25M and less pressure on price, less "cheap paper", don't be to greedy ...more

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Comment by Lefreakon Aug 06, 2020 8:42am

RE:RE:RE:RE:RE:RE:RE:EMH Verdélite

My information tells me that they can reach 10,000 KG of production per year. I imagine they will be more specific in a future press release.

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Comment by Lefreakon Aug 06, 2020 8:38am

RE:RE:RE:RE:RE:RE:EMH Verdélite

I used the figures for 2018 as a basis. It's crazy that production costs have doubled in two years. But the sale price too. I am of the opinion that a PP around .25 would be a good move, I will ...more

Discussion

Comment by 420mtlon Aug 05, 2020 10:27pm

RE:RE:RE:RE:RE:RE:RE:EMH Verdélite

Probably a reverse split coming (like 2 for 1) Could be a PP at 25c(just my hope), like that, +-100M shares after the deal

Discussion

Comment by 420mtlon Aug 05, 2020 10:20pm

RE:RE:RE:RE:RE:RE:EMH Verdélite

At full production, Verdelite will be able to grow +-700kg/month or 8000kg/year (8M gr.) Do your maths and your DD

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Comment by 420mtlon Aug 05, 2020 10:14pm

RE:RE:RE:RE:RE:EMH Verdélite

Verdlite produce right now between 150kg-200kg per month...Let say 2000kg/year or 2M grammes... All include cost to qrow around $1.80, sell between $3/$5 depend the strain(cultivar) All major ...more

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Comment by 420mtlon Aug 05, 2020 9:45pm

RE:RE:RE:RE:EMH Verdélite

EMH have no choice to sell one of there asset if they don't want a go bankcrupty...and kept there 41.3% in JV with VillageFarm( VFF)

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Comment by DanielDarden123on Aug 05, 2020 3:53pm

RE:RE:RE:EMH Verdélite

In your dreams only? What about S,G&A costs, taxes ,etc. . They are paying $21M. A decent return would be $2M hopefully. EMH would not be selling if they had a 50% return. Be realistic. Few CO’s ...more

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Comment by Lefreakon Aug 05, 2020 10:10am

RE:RE:EMH Verdélite

I finally found the information I was looking for. At most they produce 10,000 KG of cannabis, they sell it for between $ 2 and $ 3 per gram. Production cost around $ .89. So, the estimated ...more

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