OTCQX:QEXGF - Post by User
Post by
guerreiroon Mar 22, 2021 10:12pm
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Post# 32855989
Nice close .70 cents, how hard would it be to take it to $1?
Nice close .70 cents, how hard would it be to take it to $1?It appears that the big picture is to come up with enough money to do a lot of drilling without overdiluting the stock. ( great management model )
Given the current market sentiment and momentum on QEX, it's low share float of only 21 Million, outstanding and the proven leadership, if the stock appreciates to over $1, they can easily raise $5 to $8 million an not over dilute the stock.
Please allow me to reboot my thinking, given that Newmont already holds 16% of QEX's shares, what if Newmont agrees to do all the drilling on a Royalty bases, could that happen.??? or what if Newmont aggreed to the PP at $1 as they have a lot of cash in the Bank.
This bullish pattern implies that investors see opportunity to make money and I am prepared for all eventualities as bids are building up.