CQT - Conquest Mining
- Thread starter Brissydave
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Nevieboy,
Yes we're waiting on more results from silver hill after the christmas break. In their last ann about silver hill on 13 dec they said
"Conquest Mining Limited (ASX code: CQT) is pleased to announce that drilling at the Silver Hill Deposit has continued to extend the zone of significant mineralisation. Most importantly, a large area of gold mineralisation has been identified as extending east and is limited only by the extent of drilling completed"
Since that time theres been plenty of buying in from everyone. Theres some reputable players in the top 20 shareholders too. Hope this helps.
Yes we're waiting on more results from silver hill after the christmas break. In their last ann about silver hill on 13 dec they said
"Conquest Mining Limited (ASX code: CQT) is pleased to announce that drilling at the Silver Hill Deposit has continued to extend the zone of significant mineralisation. Most importantly, a large area of gold mineralisation has been identified as extending east and is limited only by the extent of drilling completed"
Since that time theres been plenty of buying in from everyone. Theres some reputable players in the top 20 shareholders too. Hope this helps.
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It was further said on 13 December 2006 http://www.conquestmining.com.au/pdf/275_drilling_results_13.12.06.pdf
"The company has appointed an internationally experienced independent geological consultancy to complete a kriged resource estimate by late January 2007."
"The company has appointed an internationally experienced independent geological consultancy to complete a kriged resource estimate by late January 2007."
Realist
Billie Jean is not my lover
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nevieboy said:
Yep I've held for 6 months now. You can see my earlier posts on this thread. They've more than tripled since I bought them. I will continue to hold mainly for tax reasons, If I sell now I'll lose 50% of my profit in tax, if I hold another 6 months tax is halved and with some luck CQT will be even higher.
Great announcement - but not much reaction today in the market.
- Maybe it was 'telegraphed' (leaked) a week or so back - and is already factored in to some extent - with the recent SP rises.
Any comments??
Also - Do CQT have a plan/schedule for mine development yet - or are they still just exploring?
- Maybe it was 'telegraphed' (leaked) a week or so back - and is already factored in to some extent - with the recent SP rises.
Any comments??
Also - Do CQT have a plan/schedule for mine development yet - or are they still just exploring?
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Where did all the sellers come from today??
Why would they want to sell after today's announcement??
Why would they want to sell after today's announcement??
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steven1234 said:
The trading theory goes : "Buy the rumour, sell the news".
Whether it is a valid strategy is a very moot point.
Plenty have bought and sold CQT over the past 6 months. Few like me have just kept it.
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It looks like this will break out soon. Does anyone else feel the announcement may be coming on Monday? Or Friday?
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Steven 1234
The only people who need to worry "when" are those trying to trade T1/T2 .... for the rest a little patience is all we need.
Don't loose heart .... I actually love the consolidation at these levels .. especially with such low volumes, these shares are being held very tightly now.
Be prepared to pop the bubbly, (again) ... If the results are as expected, there are going to be some very drunk people up the Isa, and I might wake up a bit shabby myself .... I do expect to double my money (again).
Cheers ... Dave
The only people who need to worry "when" are those trying to trade T1/T2 .... for the rest a little patience is all we need.
Don't loose heart .... I actually love the consolidation at these levels .. especially with such low volumes, these shares are being held very tightly now.
Be prepared to pop the bubbly, (again) ... If the results are as expected, there are going to be some very drunk people up the Isa, and I might wake up a bit shabby myself .... I do expect to double my money (again).
Cheers ... Dave
Oh man!!!
Who - besides me - has been drooling at the sight of the core photo in CQT's ASX announcement (pdf) today!!! :kiffer: (see link below)
Gold - glorious GOLD!! Wouldn't we all love to have some of this dirt in our backyard
I only got in late on this one - but seeing the drill results - no hesitation - I just wish to hell I had heard of CQT a few months back!!!
http://www.conquestmining.com.au/pdf/308_market_update_9_02_07.pdf
Who - besides me - has been drooling at the sight of the core photo in CQT's ASX announcement (pdf) today!!! :kiffer: (see link below)
Gold - glorious GOLD!! Wouldn't we all love to have some of this dirt in our backyard
I only got in late on this one - but seeing the drill results - no hesitation - I just wish to hell I had heard of CQT a few months back!!!
http://www.conquestmining.com.au/pdf/308_market_update_9_02_07.pdf
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Welcome onto the bandwagon Dukey ... better late than never ... there is every chance this will go a lot further than it has travelled in recent months.
Cheers ... Dave
Oh yeah ... DYOR ... blah, blah ...
Cheers ... Dave
Oh yeah ... DYOR ... blah, blah ...
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I remember droooolllling over the cdu photos! I think the attached also brings out the basic drool and GREED! Steady! Must wait for full analysis but I hold small amount as a fun stock. I also hold CDU so what do I know? Zip!Dukey said:Oh man!!!
Who - besides me - has been drooling at the sight of the core photo in CQT's ASX announcement (pdf) today!!! :kiffer: (see link below) Gold - glorious GOLD!! Wouldn't we all love to have some of this dirt in our backyard
http://www.conquestmining.com.au/pdf/308_market_update_9_02_07.pdf
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Hi DRMB,
Like you holding this and CDU - and they say the big dipper was fun
Like you holding this and CDU - and they say the big dipper was fun
Sorry, ignore that question - just looked it up - but didn't like it much.
Technique is subject to abuse - relies on "a significant degree of spatial dependency" between the ore concentrations in the area Kriged - not a problem if the spatial dependence is not assumed, but verified using "Fishers F test" (?).
On the face of it, interpolating from some "sensational" holes seems unlikely to yield a dissapointing result in either case - Why do it - just spin?
Technique is subject to abuse - relies on "a significant degree of spatial dependency" between the ore concentrations in the area Kriged - not a problem if the spatial dependence is not assumed, but verified using "Fishers F test" (?).
On the face of it, interpolating from some "sensational" holes seems unlikely to yield a dissapointing result in either case - Why do it - just spin?
