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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. > speculation
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Post by BILLMINER on Oct 17, 2012 10:29am

speculation

With hopefully true widths of 100-125 m in some of these holes, and even 100-200 m of strike length it doesnt take long to build very good tonnage. Im hoping for an avg of 2-3 g/t Au. Hopefully this will prove to be a large tonnage open pit scenario with high grade at core and depth. If you take a strike length of 200m, width of 125m and a depth of 250 m, you come up with approx 16.5 million tonnes, and say 2.5 g/t Au. = 1.3 to 1.4 million ounces. times say $40 per ounce valuation= 54 million market cap on the resource alone. Of course this is all speculation, however after looking at Inco holes and the widths and grades encountered along a 250 m strike length it isnt too far off, especially as I see wider core (NQ vs smaller core of Inco drilling)  picking up better grades. Seems to be better grades at depth especially in the core of the diorite within the mineralized horizon. ie; high grage intervals at depth in hole PB  12-11. Inco did not intercept these at depth. Of course this is all speculation, however it has some merit.
Comment by davidmb4 on Oct 17, 2012 11:24am
Look at the breakdown of the drill results. Nugget effect. David.
Comment by superman4444 on Oct 17, 2012 11:36am
This post has been removed in accordance with Community Policy
Comment by BILLMINER on Oct 17, 2012 11:48am
David you are still on your nugget effect trip. Remember 2.4 oz/t Au over 7-8 metres in hole # 9 .. Does mb stand for manitoba ? I hope not because youre embarrassing us.  You lost somewhere along the line, win some lose some.
Comment by davidmb4 on Oct 17, 2012 12:06pm
And exactly which section did that 7 meters of 2.4 oz/t come from? May I help you out? Did it come from 152 - 159m? Maybe. Well within this 7 meters you will find 1 meter of 321 g/t Au and another meter of 172.5 g/t Au. THOSE ARE NUGGETS my friend. PEOPLE DON'T GET FOOLED. The pumpers are likely involved in this company. Do DD before you invest in this company. Just look at that initial news ...more  
Comment by BILLMINER on Oct 17, 2012 12:22pm
David, we have gone over this before. Look back in messages. Involved in the company. Not quite , like I said a prospector of 25 years. Thats all. Im talking low grade bulk tonnage David. It was real nice of the company to supply investors with a break down of drill results so they could do their DD.  Tell me david, why didnt the stock drop when nr released. They have had weeks to digest ...more  
Comment by davidmb4 on Oct 17, 2012 12:30pm
Yea, real nice to release the breakdown over 1 week later. That is total BS. Great management. I would recommend that investors stay away. David.
Comment by aweigh on Oct 17, 2012 12:32pm
We all know that high grade is nothing but a pain in the butt for mining Co.s and that's why they usually separate it out and throw it on the waste pile. If all of those nuggets prove to be too difficult to process then I'll take them and open a jewelry shack on the road beside the mine, you know sell them as 10 oz. gold trinkets to the wives and girlfriends of the miners.    ...more  
Comment by hottubjohnny on Oct 17, 2012 2:30pm
davidmb4's investment in GQC has traded down from a recent high of $2, down to $.90.  that's not a nice feeling. NQ has traded up from a recent low of $.20 all the way up to $.74.  that's a great feeling. davidmb4's nervous about a hold period expiring on cheap GQC paper which will push the share price even lower. NQ shareholders are excited about tomorrow's closing ...more  
Comment by davidmb4 on Oct 17, 2012 4:44pm
You can only wish you can make on NQ what I made on GQC. Unfortunately, I will have to write a very large check to the IRS on April 15th.  By the way, I sold my 100,000 (10:03 am-10:04 am on 9/25)  shares of NQ @ $0.80. I am very happy to be out of this POS. David.
Comment by davidmb4 on Oct 17, 2012 4:52pm
No need for you to respond. I am done with this. David.
Comment by Mrrockstar on Oct 17, 2012 5:03pm
BS !!!!!!!!!!!!!!
Comment by hottubjohnny on Oct 17, 2012 10:11pm
hottubjohnny is aware of what you claim to have earned on GQC, and htj will cry like a baby if he only makes ten times that amount on NQ (only because htj expects to make thirty times that amount).  but enough about hottubjohnny... anyone short a company in NQ's position, ie. prior to release of upcoming drill results, is a fool... anyone who has the time to post/bash repeatedly about a ...more