SciQuest SQI

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"SciQuest Inc provides cloud-based business automation solutions for spend management. Its offers procurement solutions, spend analysis solutions, supplier management solutions, contract lifecycle management solutions, & accounts payable solutions."

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Post by Boot1on Sep 15, 2009 12:09pm

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Post# 16307045

SQI fundamentals

Heres a mining company summary on SQI I did about a month ago.

SILVER QUEST RESOURCES LTD

Silver Quest Resources Ltd is a mineral exploration company with projects located across Canada. The companies projects range from early-stage exploration to advanced-stage resource expansion. They intend to add shareholder value through systematic project advancement. At the same time, management continues to evaluate additional advanced-stage silver and gold projects for possible acquisition. Silver Quest is listed on the TSX Venture Exchange under the symbol SQI.V and Pinksheets under the symbol SQIFF.PK.

Properties

British Columbia

Capoose– Silver Trend–A Silver and Gold Deposit.

•28.22 million tonnes @ 36.0 g/t Ag & 0.34 g/t Au

•32.66 million oz of Ag & 308,500 oz Au

•Historical Resources (non NI 43-101)

•The Company has a right to earn 100%

Davidson–This is gold and silver epithermal vein deposit.

•Best intercept to date, 140.5 m of 1.43 g/t Au & 3.5

g/t Ag including 26 m of 3.98 g/t Au & 19.0 g/t Ag

•100% interest, Joint Venture with Richfield

3T’s–This is a gold and silver epithermal vein deposit.

•942,600 tonnes @ 4.89 g/t Au & 77.7 g/t Ag

•148,100 oz Au and 2.36 million oz Ag

•NI 43-101 Inferred Resource (Ted and Tommy)

•The company has a 100% interest.

Yukon Territory

Boulevard–This in a gold and silver arget

•New Gold Discovery, 2008

•2.1 km gold soil geochemical anomaly

•Trenching; 6m of 7.04 g/t Au and 2m of 6.43 g/t Au

•The copany has the right to earn 100% from Rimfire (Kiska) & Northgate.

White Gold Area –Gold, Silver Target

•Four Properties, VO, CC, TAK and Sizzler

•Multiple gold occurrences and anomalies

•The company has the right to earn 100%

Keno–This is a silver, lead, zinc vein target.

•39,000 tonnes @ 548.6 g/t Ag, 6.9% Pb & 10.7% Zn

(Yukon Minfile Report 1965, Historical Resource (non NI 43-101)).

•2008 sampling returned values up to 4.2 g/t Au

and 3,025.0 g/t Ag along the main vein

•The company has a 100% interest

ONTARIO

Slate Falls –This is a gold shear-vein target.

•Values up to 25 oz/t (857 g/t) Au from trenches

in quartz veins in shear zones

Sanderson Zone–14 trenches, avg 5.5 g/t Au

and 164 g/t Ag over 0.9 m for 170 m strike

Trail Zone–20 chip intervals, avg15.1 g/t Au

over 0.7m for 70 m strike, open in both

directions. The best drill intercept 861.3 g/t Au,

213.9 g/t Ag over 0.2 m at a depth of 15.1 m

•The company has the right to earn 100%

•Minnitaki –This is a gold porphyry target

•Drill hole values up to 11.8 g/t over 2.9 m

•Six patents and one claim, ~160 ha

•The company has 100% interest

Upcoming Exploration:

Silver Quest Resources Ltd. (the "Company") is pleased to report on exploration activities on the Capoose-Silver Trend project and the Davidson project, both located approximately 185 kilometres west-southwest of Prince George, British Columbia.

On the Capoose-Silver Trend property, the Company has recently submitted drill permits to government agencies for a 1,500 metre diamond drill program proposed for early September. The proposed program will follow-up last year's drill program that was highlighted by hole D-91 which returned a 240.0 metre intercept averaging 0.76 g/t (0.02 opt) gold, and 45.4 g/t (1.32 opt) silver. Included in this intercept were two upper zones of higher grade silver mineralization, including an 18.0 metre intercept from 3.7 to 21.7 metres averaging 0.59 g/t (0.02 opt) gold and 157.5 g/t (4.59 opt) silver; and a 34.0 metre intercept from 45.7 to 77.7 metres averaging 0.96 g/t (0.03 opt) gold and 81.8 g/t (2.39 opt) silver. These zones were followed by a gold mineralized intercept over 114.0 metres from 111.7 to 225.7 metres averaging 1.0 g/t (0.03 opt) gold and 34.3 g/t (1.00 opt) silver.

Corporate

Robert Weicker, B.Sc., P.Geo. -President & CEO, Director

Director of Triex Minerals Corp. & Kernow Resources & Developments Ltd.

Randy Turner, B.Sc., P.Geo. –Director

President and CEO of Diamondex Resources Ltd., Chairman of Triex Minerals Corp.

John McDonald, PhD, P.Geo. –Director

Director of Diamondex Resources Ltd, and Triex Minerals Corp.

Mark Morabito, LLB, –Director

President and CEO of Crosshair Exploration & Mining Corp.

Michael R. McPhie,B.Sc., M.Sc. -Director

Managing Director, Natural Resources & Infrastructure Projects, Heenan Blaikie GlobalAdvisors Corp.

J. Christopher Mitchell, P.Eng. –CFO