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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 Nov 10, 2010 9:24am
497 Views
Post# 17685602

RE: RE: Silver Quest Intersects Gold & Silver on C

RE: RE: Silver Quest Intersects Gold & Silver on CI am in agreement that this is better than "ho-hum".  It's not the catalyst for a moonshoot BUT up goes the floor valuation on this name again which is certainly comforting.  To me, this is the best risk/reward set-up for exposure to the Yukon hands down.  In my opinion roughly 10 cents of downside for the bluesky upside of 2nd largest landholder in the hottest area play around.

Was watching a video segment featuring the Coffins last night and they discussed 2 things that caught my attention

#1.  Due to how busy it was this year already, infrastructure like labs are way backed up.  Still, they expect the majority of the data from holes drilled this year to be out by Dec.  This should give us SQI holders news fast and furious over the next 2-3 weeks.

#2.  If you thought the Yukon was busy last year - based on the amount of soil samples taken and capital already raised and in the pipe to be raised, its gonna be a gong show up there next year.  So while we get all the buzz associated, we also be waiting for our assay results till god knows when!!  LOL.

Maybe I should sell my SQI and go open a lab this winter!  Sounds like the safest play yet.

Zad

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