RE: FOR THE BULLS........... SEVEN holes drilled and assayed todate with long intersects and good gold/copper grades.
BUT THE share price remains at a measly $1.70.
GOOD results are meanless .
LETS Examine Hole #94.
234.77m. of 7.58 g/t Au and 1.43% Cu... Which is 770.25 ft. of 0.25 oz/ton Au .
Value per ton AU 0.25 oz/ton @ $1650.00 /oz. =$ 418.00
Cu 1.43%= 28.60 lbs/ton @ $3.35= $ 95.80
TOTAL ........... $ 513.80
Using the above I extrapilate values for
HOLE 95 ............ 334.3 ft of $59.55
HOLE 96 ........,111.2 ft of $ 846.50
HOLE 97 ........259.2 ft. of $ 143.05
The results from the discovery hole 90 to 97 are all extremely positive, indicating GQC's Romero is on track of becoming a major deposit of both gold and copper. AND its open in all directions.
SO WHY does the SP remain at $ 1.66..
I say its undervalue by 50 to 100%.......Am I right or wrong.?