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Bullboard - Stock Discussion Forum QMX Gold Corporation V.QMX

QMX Gold Corp is a junior exploration company. It is engaged in mineral exploration and evaluation properties in the province of Quebec. The Company is focusing on the exploration and evaluation of its gold and base metal projects within this region. It is also focused on the Val d'Or mining camp in the Abitibi District of Quebec. It holds the Aurbel property and holds a 100% interest in the... see more

TSXV:QMX - Post Discussion

QMX Gold Corporation > By the numbers?
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Post by loonietunes on Sep 18, 2020 11:28am

By the numbers?

Just had a look at my holdings according to RBC/Morningstar for what it's worth.
We seem to be undervalued Fair Value - .29 cents

Technical scores

Short term-  weak bullish     2-6wks.
Intermediate term-  bullish   6 wks. to 9 mos.
Long term-  weak bullish      9 mos. or more

Street concensus  2.0- Buy  

Just my thinking on this?  The Bonefond is already a well know entity, most of the resource appears to lie at depth in this entire area.  We still haven't seen anything from the River targets.  Some good news from that drilling could easily move us higher as that whole area is reasonably unexplored.  I want to see some decent hits from the program that's going on before doing anything with this one.  I own a small piece @.105 cents  so I have time to wait.

As for the share count I also hold MQR which I bought a small piece of @ .245 cents  not long ago, both stocks are sitting at about the same % gain having both just raised money recently with comparable share counts.  The plan here is to hold through tax loss selling and perhaps steal a few a few shares going forward.  A long time ago I bought a small position In Niogold which was bought by Oban mining, which became Osisko mining which spun out the unwanted junk into O3 mining.  It's a funny world we live in maybe I get bought out again by the same Gang of thieves.

If you have questions send them to the IR dept that's what we pay them for!
Comment by Singoa58 on Sep 18, 2020 11:44am
   IR is one source for information but they could be bias as thats human nature of course  retired  geologists are great sources and look data and give a quick response but penny stocks are a risk,,legalized gambling really because 1% ever become a mine 
Comment by loonietunes on Sep 18, 2020 12:23pm
This may sound a little harsh but I believe we were given 2 ears to listen,  2 eyes with which to see, and 1 brain to settle the inevitable disagreements between the two.  If your geologist paid for the shares you hold let him decide buy sell or hold, if not you decide.  It's a penny stock they are inherently risky, what we could be watching yesterday and today is a shaking of ...more  
Comment by REPS346 on Sep 18, 2020 2:55pm
So you have 20 of these SPEC mining stocks....can you tell me which icon needs to be pressed in order to see your list
Comment by loonietunes on Sep 18, 2020 4:48pm
Push the faceless name, you have a picture of whatever I don't?
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