Australian (ASX) Stock Market Forum

CQT - Conquest Mining

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Low volume, and traders are looking for value in companies with share prices going up not in companies with improving fundamentals.

In other words, be patient!!

It wont happen overnight, but it will happen.
 
Even still CQT was 49c last week, now after 2 excellent announcements the price is 41c.

Quite ridiculous. :mad:
 
depends. prior to the announcements there was an unknown ... maybe they'd found more high grade silver ... maybe even higher grades than before ... maybe more high grade gold etc. etc. ... what surprises were in store?

Now we know that the subsequent holes haven't turned up anything better than that already drilled, and we know the resource's aren't that dramatically increased as a result of the extra drilling.

And current resource is already factored into the price at around 40c. Also its still only JORC inferred at this stage.
 
True, but a 20% drop on good news.

All I can say is thank god it wasn't bad news - I may have been cleaned out! :eek:
 
Relax Realist :)

Long term remember. This is a good company with excellent potential. Market will drive the sp up again in anticipation of more results.
 
Well market fluctations can be frustrating. But they are necessary, otherwise how else could you get a good share cheap. Don't let them sway you.

Show some balls, show the market who is boss and buy some more at 38c!! :xyxthumbs
 
Can't believe how this was manipulated today, forced down to allow buying at 38-39 :cautious: Bet a few jumped off eh, just as they wanted.

Day traders dream!

Back up to 41 now.
 
last selling at 39.5c trigger lot of buyer..
maybe it's a scare tactic to buy cheaper prices..
still hold though...
with those announcement, i brave enough... :p:
 
It is amazing how many people buy high and sell low.

CQT will have its moment, it'll go up to 60c one day, hopefully soon and many will jump on, it may then go back to 45c and many people will jump off.

Quite amusing.

38c was obviously a buying opportunity. As I stated before! ;)

Patience is the key, it is a better company today at 38c than it was a few weeks ago at 51c - the recent announcements have surely improved its value.
 
Realist said:
It is amazing how many people buy high and sell low.

CQT will have its moment, it'll go up to 60c one day, hopefully soon and many will jump on, it may then go back to 45c and many people will jump off.

Quite amusing.

38c was obviously a buying opportunity. As I stated before! ;)

Patience is the key, it is a better company today at 38c than it was a few weeks ago at 51c - the recent announcements have surely improved its value.
Click to expand...


Thanks for that Realist, I hold a few CQT, and that outlook gives me a little reassurance ........... Perhaps in 2 or 3 years time this company could be very interesting ............ worth holding I think ......... Cheers Barney.
 
barney said:
Thanks for that Realist, I hold a few CQT, and that outlook gives me a little reassurance ........... Perhaps in 2 or 3 years time this company could be very interesting ............ worth holding I think ......... Cheers Barney.
Click to expand...

I'm holding CQT at the moment as well and wondering why the market hasn't reacted in a postive direction for the SP given the recent announcements. I'm holding this one for the longer term :).
 
Holding a little CQT at the moment, been watching it closely and hasnt been much happening. Well today it has jumped out of nowhere much more than in the last week.

Anybody have a guess why? or am I missing something... :S
 
Bullion said:
Holding a little CQT at the moment, been watching it closely and hasnt been much happening. Well today it has jumped out of nowhere much more than in the last week.

Anybody have a guess why? or am I missing something... :S
Click to expand...

Very strange :) Not that I'm complaining...
 

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