LS has hit the ground runningHe is the right guy to be CEO of GQC.So far he has been relentless meeting the right people and getting the issue of Romero in both the DR and Canadian media.Bastista has been exposed as a fraud in full view of public media and its my thinking that President Abe must distance him self from the corrupt lable of Bastista.That would mean sign the permit to let science speak as per the law.I also suspect LS has told Almonte/LA that GQC is under the gun to file arbitration by its shareholders to get a decision confirmed by the President or the court and aso suggested a date to file.In my view something is likely to happen with an update where we stand by the company.
This brings me to focus one again on the undervaluation of GQC shares in relation to its assets as might be close to some kind of answer on Romero and its future.In short the risk is skewed to the upside far more than the downside as the current price reflects a no go at Romero.But a no go must show Romero will damage the enviro to be denned by law.But as we know the science will show no damage so if a Licence to exploit is issued to start the enviro study it will be take by investors that a mining permit is very likely at the end of the study results.
GQC in situ of gold inventory is trading for a mere $10oz backing out the cask on hand.So the way I see it if Luis A signs the permit to avoid a messy arbitration GQC share will rocket to $1 very fast and will catch those off guard on the side lines that were to afraid to buy gold at $10 per oz.
REMEMBER the price target on GQC was $1.40 in $1100 gold when AEM bought in.What is the fair target in $1800 gold???