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Freegold Intersects 3.62 g/t Au over 42m and 1.23 g/t Au over 170.7m (click to learn more)
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Bullboard - Stock Discussion Forum NORTHQUEST LTD. V.NQ

Metals & Mining Industrial Metals & Minerals
"Northquest Ltd is engaged in the exploration of gold and other metals."

TSXV:NQ - Post Discussion

NORTHQUEST LTD. > absurd reaction
View:
Post by Teatimenow on Nov 19, 2012 9:49am

absurd reaction

nice results, not breathtaking, but solid.

we still like NQ very much and maintain our position in our public portfolio

https://mineninvestor.com/?p=373

in addition, we have our bids in. Sometimes such reaction happen , but i think in this case they are unfounded!

Which does not mean that we do not sell positions when news are really bad, like the lastest of V.NES. But NQ has such a low marketcap and is in good location, that we defintivly think it remains undervalued!

cheers

teatime

Comment by Blacknite4 on Nov 19, 2012 9:54am
Exactly! NQ was a bit low balled before these results and at the very least being very conservative should firm up the price here. This is rediculous. I would say to be conservative our market cap should be double where it is now easily. Over a dollar for sure. Well..i am not selling this cheap thats for sure bn
Comment by Mrrockstar on Nov 19, 2012 10:02am
Typical big boys reaction!!!!  Try and sell some at the begining of the day and scare retail investors. Everyone who sold is buying back now. Bids are building on level 2. I also expect we close in the green. 
Comment by Kronic on Nov 19, 2012 11:08am
A green close? right.......
Comment by teheran10 on Nov 19, 2012 11:09am
Gold up almost $20, good results, and we are $.14 down? W.T.Fu?
Comment by Baron28 on Nov 19, 2012 11:22am
NR was very good but if expectation level is set by last NR (160m x +5g/t) it may be disappointing for some. Next to that quite some may take a profit after the big run up which is understandable.   Volume only 150K, I am not too worried with what I see.   Market Cap does not reflect last two NR's, IMHO only.
NORTHQUEST LTD.