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SciQuest SQI

"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."


NDAQ:SQI - Post by User

Comment by zadmanon Aug 10, 2010 10:28am
385 Views
Post# 17337087

RE: RE: RE: RE: NEWS - Silver Quest Announces $5.5

RE: RE: RE: RE: NEWS - Silver Quest Announces $5.5The question is, can we infer anything regarding pending drill results based on the timing of this PP?

We are waiting "day to day" for initial drill results from Boulevard and as per Grandich, a hit in the Yukon is a game changer for SQI that would likely result in a sharp bump in valuation.  If the geos or management truly felt that that a hit was coming with these next drill results, would they not do their best to delay this till after the results are out?  I would be curious to hear opinions but from my perspective, it certainly tempers my expectations for the news we are waiting on.

Regardless, I am staying long cause the most exciting exploration is yet to come (prospector mountain) and the dilution is not that substantial.  We all knew this had to come eventually as there is no way you can drill on multiple fronts advancing projects without cash.

Zad 
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