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QuestEx Gold & Copper Ltd. QEXGF

QuestEx Gold & Copper Ltd is engaged in the business of mineral exploration for the purpose of acquiring and advancing mineral properties located in the Golden Triangle and the Toodoggone area of British Columbia, Canada. The exploration projects include Castle, KSP, North ROK, Kingpin, Sofia, and others.


OTCQX:QEXGF - Post by User

Comment by NoMineron Nov 23, 2020 1:50pm
238 Views
Post# 31953656

RE:Questex Sells Macmillan Pass Property

RE:Questex Sells Macmillan Pass PropertyAppears to be a good/smart move - it's not a QEX core property (it's potentially more base metals and Silver)... gets us a total value of almost $500,000 (cash and shares - at today's SP), plus future NSR potential $$, as well as any SP increase if/when Fireweed identifies a strike... the property fits very well into Fireweed's existing identified major hot exploration area; with us it was more of an outlier holding... in essence we get to share in Fireweed's success, or potentially sell our Fireweed shares (after any hold period).  I view this as a smart move by the board and senior management - it starts to get us some action, value, and potential out of one of our properties. - I believe these are the types of moves that will help QEX start to move ahead, (this is small, but a good start) - I think this type of action will start to show the public, potiential shareholders, that this management/board know what they are doing; which in turn will increase the SP over time - i think most people acknowledge our strong core land holdings...     (we're starting on our way)         IMHO                DYODD     
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