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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 HornbyBayon Mar 15, 2021 8:51am
83 Views
Post# 32797170

RE:RE:Over $1 When Castle Drilling Announced?

RE:RE:Over $1 When Castle Drilling Announced?G - Newmont’s acquisition of GT is a game changer for Questex.  Newmont didn’t spend $450M+ not to build a mine ... and, for the amount of capex for a mine in the GT, newmont needs a long mine life.  The feed from castle could potentially extend the life of a tatogga mine many years ... as a very profitable operaton.  Bottom line - newmont Is probably going to acquire castle one way or the other.  Because newmont has already tipped its hand, questex management has some leverage to negotiate a good deal imo.

Disclosure:   I own shares of the companies mentioned, just my opinions, not investment advice.
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