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Bullboard - Stock Discussion Forum NORTHQUEST LTD. V.NQ

"Northquest Ltd is engaged in the exploration of gold and other metals."

TSXV:NQ - Post Discussion

NORTHQUEST LTD. > Ex-Inco Property?
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Post by Raptor7 on Sep 06, 2012 2:47pm

Ex-Inco Property?

Hmmmm, didn't see any mention of an Ex-Inco property in the company's news release. Perhaps this story sheds a bit more light on the real story. Gotta hate it when they tell you only half the story.

Ex-INCO drilltarget yields 164 metres @ 5.39 g/t gold for Northquest
Comment by yixter on Sep 06, 2012 3:00pm
Thats a couple of strikes against management first they mention nothing of confirmation drilling than they fail to break down the continuity of the drill intercept I took a very small loss this is just to fishy not enough info would rebuy at prices higher than this if the proper info is givin and continuity confirmed for now I wait good luck!
Comment by FMG2K12 on Sep 06, 2012 3:03pm
theses are new drills though, obviously management wants to hold it down so they can load up the cheapies before all the gold is released. massive holes IMO
Comment by yixter on Sep 06, 2012 3:12pm
No they aren't read the article they drilled where INCO drilled they probably hit some veinlets or pockets of higher grade and averaged it out until they confirm how they arrived at these numbers one has to be skeptical as much as I hate to agree with superman I do u can't assume something like this when investing u have to know and right now they left a lot of unanswered questions and ...more  
Comment by IronMan07 on Sep 06, 2012 3:19pm
Brokers would have known this and expected a sell down? Still an awesome drill hole and tiny Market Cap. Maybe a better day tomorrow. Iron
Comment by FMG2K12 on Sep 06, 2012 3:21pm
they know it, and this is why they have been grabbing the cheapies from the weak hands, see you at 1$ tomorrow
Comment by Raptor7 on Sep 06, 2012 3:30pm
Timely private placement.  Just from this alone, an extra $60k day for Jon North.  But he probably wasn't aware that they had these targets in their back pockets.   The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced June 21, 2012. Number of shares:  2,642,500 non-flow-through shares and 2.36 million flow ...more  
Comment by exakt on Sep 06, 2012 3:51pm
haha you are realy reaching for something that does´nt exist, are you complaining about insiders taking part of a placement now? I myself wonder if the property does´nt end up being a 5Mill/Oz reserve in a few years, just as ----> The Pistol Bay Project, Nunavut, consists of 1,100 square kilometres of mineral rights. The property is located approximately 60 kilometres south of Rankin ...more