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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

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Post by BlueChipper2020 on Dec 09, 2020 12:51pm

Webcast

I attended the QMX webcast today. Nothing really knew. They do seem enthusiastic about the drilling. They believe they have only scrathed the surface which is what many think.

They are continuing to go deep at Bonnefond since they have hit high grades (per one of the last PR's) and believe they can demonstrate continuity [I am paraphrasing].

The one large hole they hit at Bonnefond, which spiked this stock price to $0.38, hopefully can be replicated and maybe they can show a sizeable undergound resource. If they can that is a game changer in my view. They have pending assays per the webcast. Also they continue to drill the targets. Have sufficient cash of $8M now with in the money warrants coming up for expiry in the new year which should all be excercised (held by a small group). That will give them extra cash. 

QMX has a very low cost per metre to drill. All in it is about $130 as I recall from the webcast. That is very good. 

GLTA
Comment by TheCipster on Dec 09, 2020 1:08pm
BlueChipper thank you for the summary. Please speak a bit more about the upcoming warrants in 2021. Are you at all worried about dilution and the sp continuing to get beat up? Thanks
Comment by BlueChipper2020 on Dec 09, 2020 2:22pm
Cipster:  Management said on the call all the warrants which would have expired in November were excercised (they were in the money).  That was 3.5M warrants at $.11.  Upcoming warrants which are currently in the money to expire in 2021 are per the last FS on SEDAR:  Warrants on units 13,075,000 - expiring Jun-21  excercise price of $0.075 Broker warrants 1,118,950 ...more  
Comment by Singoa58 on Dec 09, 2020 2:55pm
   we differ .... my short term taget is 2019 price of 4 cents a share due to recent results which are not stellar at all IMO
Comment by pop123 on Dec 09, 2020 4:09pm
Idiot We all know your are with the little pack of wolves manipulating this stock its not going to work we all see the wall at 15 cent you guys planning to manipulate the price up again and ur making it look good by saying 4 to 5 cents 
Comment by flashcash on Dec 09, 2020 4:41pm
You seem to be a schizoid, as you change on an unbalanced hinge ! Put the money down or pi55ing off.
Comment by pop123 on Dec 09, 2020 4:45pm
All the guy does is go back and forth from eldorado and qmx, if someone id feeding this guy. It looks like he is getting insider information and even if he is not it looks bad so if a deal is going to happen between the two companies its idiots like this that can screw the deal and send investments down. He is so f --- -- dumb by posting its unbelievable. 
Comment by Singoa58 on Dec 09, 2020 7:23pm
    omg bullboards have zero effect lol   ...nobody pays any attention to c r a p posted on bullboards lol if they do well they are dumb
Comment by pop123 on Dec 09, 2020 7:35pm
Idiot, Look at these responses, what else is this guy doing hear if not to be heard? Its idiots like these people that always bring problems.  
Comment by goldsucks on Dec 10, 2020 3:02pm
SINGOA also shorted ELD at $10 saying it will be $5 by Christmas, ELD now trading at $17.50. He really knows what he's talking about....LOL
Comment by pop123 on Dec 10, 2020 3:33pm
Fish smells like fish and it doesn't matter if you call it anything else. Bunch of idiots are f--- en around.
Comment by pop123 on Dec 10, 2020 3:35pm
Just shut up with the sh-- . Enoiugh.
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