CQT - Conquest Mining

[ALFguy]

That's a serious announcemnt!

So why then are there sellers at 49c!!!???

 

[donjohnson]

Good question...

I'm guessing that the market really wants a JORC upgrade. The announcement states that this will be released this quarter.

Anyone got any idea how long these things take to prepare?

 

[Realist]

Down to 45.5c now, what the?

 

[x2rider]

I'm with realist on this one . What the ......
It is a good time to accumulate though . I just need to get some more money
Cheers

 

[Realist]

43.5c now, quite bizzare.

 

[powerkoala]

hm....
quite weird as well...
but now i can buy back, lol
hope tmrw market will review what the exact announcement means, then you can post your rocket.

 

[ALFguy]

Maybe the market wanted a JORC and not simply an estimate.
Still, I can't see this dropping any further - it's fallen far too quickly on what is exceptional news.

So what would their estimated in-ground be now?

 

[powerkoala]

Even waiting for jorc, knowing strike for 20ha is a huge different..
still dunno why market seems to react negatively toward this announcement.
let see what happen tmrw..
but now, i wont let go easily again...

 

[ALFguy]

Yep, even with price drop, given the latest ann, I won't be selling this one too soon.

 

[Impala]

This is an excellent stock to accumulate. Difficult to understand the market's rating of it, but from (very) long experience in mining investment, that's nothing new. Patience is a great virtue with mining stocks. Long term holders will make a lot of money out of Conquest. May the day traders continue to get burned!

 

[Nicks]

CQT and CQTO - its all happening tomorrow.
Masive orders executed on both in the last 2 mins of trade.
Its all on tomorrow. Its obviously about to come. Thankfully im in on both still.

good call?

 

[powerkoala]

now.. really confusing...
after first hour of storming buyers... and now sellers took over..
well, did they understand the announcement or what?

 

[ALFguy]

I'm wondering if anyone read the announcment!

 

[aobed]

I'm wondering if anyone read the announcment!

I did.. and am quite surprised that the SP hasn't moved based on this information?

 

[ALFguy]

After that rather steady decline in the sp following the announcement, it's now bounced off it's low and heading back up.

Good to see it finish stronger today, closing at 44.5c

 

[Ken]

i think the momentum is gone....

 

[powerkoala]

Still dun get it, with such important good news, seller seems dun care at all.
was wondering why they sold tis ?

 

[ALFguy]

Just day traders mucking about. I expect it to drift up and following it's trading channel. I aint no chartist but this one seems obvious.

Add to this it's potential and medium/long term we'll see it much higher.

All my opinion

 

[Ken]

hasnt really been a period of profit taking....

 

[powerkoala]

wow, another resource upgrade...
increase 50% ? this is huge....
now let c wat will happen with this sp