Post by
Steadyriser on Jul 09, 2021 12:15pm
GQC - Special Situation Investment
GQC is a special situation investment, with an event driven catalyst(Political Risk). Your conviction will get tested as the momentum and the excitement around the potential of a new administration wanes down. We all know that GQC has strong underlying fundamentals, great management and a solid project in Romero but at this point you need to stop looking at it as a regular investment. You either believe that you have enough insight into the political risk to profit from the rise in stock price or you don't believe in a change in this situation and just bail out.
I am frustrated as any other long term investor in this situation but have been following lthis company for long enough to see that there is progress and that we will get this permit in due time.
You need to gauge your conviction level right now, and understand the difference between price and value.
Comment by
topoftheridge on Jul 09, 2021 6:46pm
well said Steady. also I do believe the GQC plan is to dig the ore, concentrate it and ship overseas for processing. so it will be a "model mine" perhaps a world leader in a new common sense way to mine and save the environment too.