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Great Quest Gold Ltd V.GQ

Alternate Symbol(s):  GQMLF

Great Quest Gold Ltd, formerly Great Quest Fertilizer Ltd, is a Canadian mineral exploration company. The Company is focused on the development of African gold projects in Namibia with exposure in Morocco and Mali. The Company’s principal business activities are the exploration and development of exploration and evaluation properties located in Mali, West Africa. The Company’s flagship asset is the Sanoukou Gold Project, encompassing 24 square kilometers (km2) located in the Kayes region in the West of Mali, and developing the Tilemsi Phosphate Project, a 1,206 square kilometer parcel in northeastern Mali, containing high quality phosphate resources amenable to use as direct application fertilizer. The Tilemsi phosphate project is composed of three concessions: Tilemsi, Tarkint Est and Ader Foul.


TSXV:GQ - Post by User

Bullboard Posts
Comment by BIGSALTon Feb 24, 2014 5:23pm
316 Views
Post# 22244736

RE:RE:RE:RE:RE:RE:RE:Up Again

RE:RE:RE:RE:RE:RE:RE:Up Again
If you watched the level 2 at all, you could see it was being held up for all of last week, low/avg volume, tons of 100 share trades at or above value, so what happened today was it wasn't being held up any more and the sellers that were there last week selling at market continued to sell today at market and without those small trades to hold it up it fell like a rock. $1.50-$1.75 this week IMO, could be the right price to improve a position or increase one IMO. Value is there, but was overpriced in the last 3 weeks. If the drop spooked the amatuers it could get ugly fast and drop into the low 1's and well, the amateurs sell and the low and buy at the high, the pro's sell at the high and buy at the low, it's weeks like these that people figure out which one of the two they are.
Bullboard Posts