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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 JustAnotherGuyon Sep 02, 2010 7:20pm
515 Views
Post# 17410388

RE: What's all the excitement about?

RE: What's all the excitement about?Let's just say that SQI is slowly becoming a real company.

In short:

1) SQI just finished a PP, and has $8,000,000 in cash;
2) SQI already has a NI 43-101 inferred resource of 1.5 million oz AuEq. (Capoose: 1,316,190 oz AuEq. + 3Ts: 183,510 oz AuEq.);
3) The NI 43-101 resource of the Capoose Project will be expanded in the next few months;
4) The 25% interest in its Davidson property will earn SQI at least another 500,000 oz AuEq. (but probably closer to 1,000,000 oz AuEq.) once RVC has calculated a NI 43-101 resource for its Blackwater Project;
5) SQI has a nice portfolio of properties in BC, the Yukon, and Ontario, and will most likely be one of the largest land holders in the White Gold District by the end of the field season;
6) SQI's Boulevard property has just been expanded (and will be expanded even further: claims are still pending), and is adjacent to Kaminak's Coffee property;
7) Peter Grandich announced a few weeks ago that he holds 2,600,000 SQI shares, and just a few days ago, that he had participated in the most recent PP.

I think those are the most important points.


Guy
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