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CQT - Conquest Mining

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How deep where these results?
and how thick were the veins?
I remember this company sitting on some massive potential copper resource. Can someone comment on the copper resource potential CQT has? thanks
 
Some good action in recent days, and a lot more bought on Tuesday and Wednesday, any one got any ideas what is up? We haven't seen an annoucement for a while.
 
CQT in trading halt this morn until commencement of trade on friday - or upon announcement. This follows a 15% or so jump in SP last weekish.
Any ideas whats going on folks??
 
I reckon it'll be something along the lines of "Dad, I've dug another hole. . ."

Although it might also be about what came out of the hole - which is after all the fun of a drilling program. Most the Halts to date seem to have been about resource upgrades.
 
Probably right grendel but then we already had a resource upgrade on the 17th Sept; and a 'drilling update' on the 19/9. So I wasn't expecting anything new there yet.

Having said that - CQT do tend to go into halt before upgrades.... lets hope its a good one, or something nice out of left field....
 
I predict it will be drill results from the holes drilled but not yet assayed in the quarterly. Some of these were a distance from the other holes that form the current resource. If they are good it could result in a significant increase in the resouce.

I have a feeling it is something good. Didn't we get JT (director) buying a few weeks back?
 
The rise is the last couple of weeks indicates it is probably going to be good news. There was also a good spike on monday.
 
tvhead said:
The rise is the last couple of weeks indicates it is probably going to be good news. There was also a good spike on monday.
Click to expand...

News out - Institutional placement of 33 000 000 share @ 68c for $22.44M dollars. To be used as working capital - exploration; feasibility studies; growth etc.

Seems like a sensible idea to me. -Having the the deal opened and closed in a day seems to indicate that the big end of town likes the look of CQT - which is nice - though the market doesn't seem to like the news that much - SP down 3c??

go figure.....
I like it anyway... and thats what counts!!

ps. tvhead: your icon/pic/whatever-they-call-it - with a name like that - I presume its you on the right rather than the 'Dr Roids' on the right... right??
 
I think it is very good when they say "the offer was opened and closed on the sam eday and was more than two times oversubscribed. This means to me they told thier investers something very good. p.s dukey im none of them. The big guy is Ronnie Coleman the fomer 8 time mr olympia.
 
Up again today. Was not long ago it was at 62c. Now 80c odd. Oversubsribed with the Inst. Plus now has 36 mill in the bank
 
The instutional powerpoint presentation was released to the market today.

I'm looking forward to the reaction of the share price upon Gold fields releasing some results. The chartists are also praising this expecitng strong short term gains.
 
How do you find chartist information, im new to this and would like to learn as much as i can
 
"Chartists" is a reference to those that conduct technical analysis.

There is heaps of info on technical analysis available in books and the web (and also this forum). This is a good place to start - http://en.wikipedia.org/wiki/Technical_analysis

or

http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:introduction_to_char

The above page has a link on the bottom to a heap of common patterns.

The following site gives examples and has someone reading charts and showing you what the indicators mean -

http://www.leavittbrothers.com/chartspeak/

You can spend years studying and still get nowhere...


Did everyone notice what info was snuck into the announcement today. Have another read and pay attention to the final bullet point enclosing the Appendix 3b which read:

there is no information excluded from this notice ... except that CQT has received a quarterly progress report from Regional Joint Venture Partner, Gold Fields Australasia Pty Ltd (Gold Fields), regarding progress on the Regional Joint Venture. Amongst other things, the report indicated that following some Pole Diopole Induced Polarisation Testing, an area to the east of the Silver Hill deposit, has been identified by Gold Fields to warrant exploration drilling.
Drilling will commence on the area as soon as practical and the Company will provide an update on the drill results if they indicate the existence of mineralisation.
 
Just looking at drmb's chart on the potential breakout thread.

CQT moving up on volume with no news really - so to speak
Click to expand...


Lot of volume recently and today.
Most volume this week since January, I believe.

Finished up over 8% at 84.5c.

Gold price has been rising.

See what Monday brings.


I have a price target. What do you think?
 
there is no information excluded from this notice ... except that CQT has received a quarterly progress report from Regional Joint Venture Partner, Gold Fields Australasia Pty Ltd (Gold Fields), regarding progress on the Regional Joint Venture. Amongst other things, the report indicated that following some Pole Diopole Induced Polarisation Testing, an area to the east of the Silver Hill deposit, has been identified by Gold Fields to warrant exploration drilling.
Drilling will commence on the area as soon as practical and the Company will provide an update on the drill results if they indicate the existence of mineralisation.

Caught my eye as well Steven, but I think a few more have read it hence the increase in SP.
 
http://www.asx.com.au/asxpdf/20071129/pdf/3164pdtqjgsccr.pdf


Gold Fields JV Discovers New Anomoly


Goldfields Regional JV Exploration Highlights :

● Exploration by Gold Fields has resulted in the discovery of a large geophysical
anomaly which straddles the boundary from Conquests 100% owned Mt Carlton
Project to the surrounding Regional Joint Venture ground.
● The target is located 500m southeast of Silver Hill deposit and along the strike
of the south east trending gold zone, with dimensions of 700m x 200m.
● The geophysical survey also maps out the Silver Hill Deposit and shows
clear and strong correlation with the drill defined high grade centre of the Silver
Hill resource.
● Goldfields are currently drilling their first diamond hole into the new geophysical
target.
● Conquest has completed RC hole HC07RC374 into the new target and has
intersected silicified and pyritic felsic volcanics similar to Silver Hill deposit.


SP - 71c
 
Dissapointing reacation from the market to the announcement yesterday.

Lets see if the buyers come out of the woodword today. If it stays at these levels i might have to buy some more.
 
Looks like CQT is finally making another move up after breaking out of its downward trading pattern. It looks like the price of gold is helping this happen.
 
AFR Smart Money Section

20 Stocks to watch in 2008


No.8 Conquest Mining

A price anaylst is quoted as saying...

"I cannot work out why Conquest is trading down where it is. The exploration upside is enormous."


Current sp - 65c
 
Back to 65 cents again. Anyone think any news is coming, they haven't released something for a while now
 
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