Why the Conference Call Now ??????
What is the reason for the conference call tomorrow ??? On 11/24 we had a NR and the stock dropped. On 12/21 we had a NR and the stock dropped. Both of those NR’s were done on either a Thursday or a Friday. Based on QH interview with Jay Taylor he said they would have news out EARLY in January so I suspect there is a high probability we have news tomorrow.
In that interview with Taylor QH said that they have two things to report on in January ( 1 ) assays from 12 – 20 samples. ( 2 ) analysis of what size samples they need. The analysis of size samples is not a market mover IMO. The assay’s on the other hand, if they also are down below that 15 gpt or 17 gpt area and somewhere in the 1.3 gpt area then you have a market moving NR. They didn’t bring this up but the other issue that needs to be discussed is the 20,000 bulk sample. If that sample can not be transferred in any shape or form to Comets Well< which is where they are moving to, and QH has clearly stated they need to do bulk sampling to get grade, then their moving without the capability to do a large bulk sample is a real issue.
So my speculation is that QH has some news that he knows the market is not going to take well, but rather than wait 2 -3 days for Jay Taylor, Cory Fleck, Maurice Jackson etc etc to interview him to do damage control he has decided go on the offensive immediately after the NR and spend an hour telling us why we should keep the faith and not dump the stock. So when I put the pieces of the puzzle together that is the picture I get.
But I’m wide open for other suggestions.