OTCQX:QEXGF - Post by User
Comment by
NoMineron Apr 10, 2021 6:36pm
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Post# 32973358
RE:We Have Liftoff
RE:We Have LiftoffHB – I agree 100% that “Management of Questex has positioned the company for potential success.”
The announced 2021 work to be conducted on Inel and Sophia each provide tremendous potential – 2 completely different/separate prospects. Who knows, the results from either of these have the potential to ‘blow the doors off’.
I’m also obviously excited about Castle – with Newmont’s $456M investment right beside us. It’s interesting to speculate on what/how/when our further exploration/development of Castle proceeds. Clearly Castle remains a very important part of our land base, if not the most important – I believe Castle has been called critically important in the past – since then circumstances have only enhanced and intensified.
I expect we will be hearing more about the plans for Castle sometime over the next short while – but if they involve Newmont (our largest shareholder) I can certainly understand why any announcement would probably need to wait until after the closing of Newmont’s purchase of GGT (sometime this Quarter I believe). Or if we are proceeding with Castle on our own, once our PP is concluded we should have the required funds. Or perhaps discussions are being held with another party, like Newcrest because they too are right next door.
Who knows – but I will be surprised if we haven’t heard more by the end of this Quarter – Castle is just too important to us, and I believe there must be some specific reason(s) why we haven’t heard further yet.
I have full confidence in the Board/Sr. Management – I’m just curious.
IMHO DYODD