Post by
hulio300 on Jul 18, 2012 8:29pm
I believe with cqx it's not a matter of if
but when....the ounces are there...it'll just take time to prove them up. Management has been and is extremely conservative with raising money so as not to incur huge share dilution. The fact that this deposit is very shallow means that both drilling and mine development costs will be quite low. Keep in mind that just about every drill intercept has been economic grade. Carlin type deposits are not super high grade monster intercept type plays, but the trend has hosted some of the biggest deposits in the world. I keep buying on pull backs. All imho. hulio