Post by
NoMiner on Sep 16, 2021 2:12pm
QUITE AMAZING
I must admit I am somewhat surprised with our SP at $0.70 – giving QEX a MC of only $28M.
I realize all, or at least some, of us are waiting for the results from our drilling at Sophia, and then KSP, with the eventual 43-101 at Inel – all expected to be public over the next 1-5 months.
I know it is ‘the quiet period’ – but my goodness, we had about $12M in the bank before we started drilling Sophia, and I expect will probably still have somewhere around $6-8 of it available for the 2022 drilling/assessing season.
That means the market is only valuing our various properties at about $20M – heck, TB seemed to indicate that a small part of our Castle property is probably worth more than that to Newmont, for tailing storage, when they begin to develop their Saddle properties.
I’m not going to go back over the potential value of our various properties; I think that is pretty straight forward – certainly we are in a risky business – but it is an amazing trip in human dynamics. IMHO DYODD
Comment by
NoMiner on Oct 12, 2021 11:43am
The CFO must have read my previous post (lol) - he bought more again last week - presumably he sees the value! JMHO DYODD
Comment by
NoMiner on Nov 04, 2021 1:22pm
AGAIN - the CFO continues to buy on the Open Market - good news, as we wait for results. IMHO DYODD
Comment by
deevodog on Nov 09, 2021 10:04pm
120 000 shareson the open market over 6 months is certainly not amazing.Looks like this company is being setup to be stolen from the retail investors.JMHO.
Comment by
NoMiner on Nov 10, 2021 12:45pm
Provide more - help me understand your rationale.