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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 jfan22on Mar 22, 2021 6:13pm
115 Views
Post# 32855228

RE:RE:RE:RE:RE:If Newmont makes an offer on Questex will you take $1 or $3.

RE:RE:RE:RE:RE:If Newmont makes an offer on Questex will you take $1 or $3.Yeah drilling from a low cash position is basically gambling 20% or more of your share value on a Geologist's geological interpretation of where to drill that is fed by virtually no sub-surface data.

JVs with a company that has good data from nearby and provides cash is always a good decision. It both de-risks the investment in QEX and increases the chances of success significantly. 

I think the current management team gets that and has taken an optimal or near-optimal path to delivering shareholder value so far. I'm excited to hear what their plans are moving forward.
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