Strategy and decision implementation is ongoing. . . .
posted on
Aug 27, 2012 01:48PM
Ultimately Developing a District with Multiple Near-Surface Gold Resources along the +30 km Property in Idaho
Below is Goldquest's recent time line of announced news, and the share price's relationship to that news, taking share price from 5 1/2 cents a share up to almost $2.00 a share recently. The below time line might be of interest. This has some potential partial correlation to PEM's profile-unfolding situation. . . has sufficient similarities to draw some comparison from which one could forge, ajdust, or reinforce a view, opinion, and/or strategy.
1/24/2012 GQC announces a $500,000 drill program and also a $550,000 PP to pay for it. (share price at 5 to 7 cents (+or-);
2/23/2012 GQC commencement of drilling (share price at 5 to 7 cents (+0r-);
3/2/2012 GQC announces the the closing of the PP at an oversubscribed $600,000 (share price at 5 to 7 cents (+or-);
4/30/2012 GQC announces the sale of their zinc and lead property in Spain (share price still at 5 to 7 cents (+or-);
5/23/2012 GQC reports 1 drill assay result and share price jumps up to about .77 cents a share (share price jumps up to .77 cents);
5/29/2012 GQC announces PP from 5m dollar bought PP (share price on the rise);
5/30/2012 GQC announces increase in PP from 5m dollars to 5.7m dollars (share price rises to near near $1.90 a share in the weeks ahead. Now at about 1.70 a share).
I'm just saying. . . .I wish we could know Del Steiner's strategy, his plan, his approach, his thinking. Given that he will reveal what he can in time, this is becoming a real game of Chess. Rightly or wrongly, we have invested more of our cash in Del and his staff's knowledge, skills, commitment, and abilities, through the current open debenture. I have become aware that a few others I know are doing the same. Board Director Collin Jones just bought 150,000 shares. Al Korelin, among others, is investing in the current debenture-loan. Meanwhile, the development and implentation of our corporate leader's decisions and strategies is ongoing. Weathering out the remainder of this gold sector market correction has to be figured into the equation, the duration of which could be mere weeks or could be several months longer.