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QMX Gold Corporation V.QMX

QMX Gold Corp is a junior exploration company. It is engaged in mineral exploration and evaluation properties in the province of Quebec. The Company is focusing on the exploration and evaluation of its gold and base metal projects within this region. It is also focused on the Val d'Or mining camp in the Abitibi District of Quebec. It holds the Aurbel property and holds a 100% interest in the VMS properties.


TSXV:QMX - Post by User

Post by loonietuneson Sep 18, 2020 11:28am
232 Views
Post# 31581254

By the numbers?

By the numbers?Just had a look at my holdings according to RBC/Morningstar for what it's worth.
We seem to be undervalued Fair Value - .29 cents

Technical scores

Short term-  weak bullish     2-6wks.
Intermediate term-  bullish   6 wks. to 9 mos.
Long term-  weak bullish      9 mos. or more

Street concensus  2.0- Buy  

Just my thinking on this?  The Bonefond is already a well know entity, most of the resource appears to lie at depth in this entire area.  We still haven't seen anything from the River targets.  Some good news from that drilling could easily move us higher as that whole area is reasonably unexplored.  I want to see some decent hits from the program that's going on before doing anything with this one.  I own a small piece @.105 cents  so I have time to wait.

As for the share count I also hold MQR which I bought a small piece of @ .245 cents  not long ago, both stocks are sitting at about the same % gain having both just raised money recently with comparable share counts.  The plan here is to hold through tax loss selling and perhaps steal a few a few shares going forward.  A long time ago I bought a small position In Niogold which was bought by Oban mining, which became Osisko mining which spun out the unwanted junk into O3 mining.  It's a funny world we live in maybe I get bought out again by the same Gang of thieves.

If you have questions send them to the IR dept that's what we pay them for!


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