Queenstake Resources (QTR.T) Message Board

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Gold/Mining/Energy : Queenstake Resources (QTR.T)

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To: Shirley Owen who wrote (1664)	1/5/1999 3:37:00 PM
From: Claude Cormier	Read Replies (1) of 2249

Shirley, I know what you are saying agree with all of it. One of my favorite juniors is Metallica and has grades below 1g/t... As you said, what counts is the quantity of gold and its economic potential... but I would add... in relation to the market cap of the stock . No doubt that there is still large potential with QTR..and it could end up back to the $3-$4 level and more if they discover with their partners. But they may also discover nothing and then get back down to $0.10-$0.20 or less, once they used up their cash. It is up to each investor to decide on the level of speculation they can tolerate when they buy juniors.

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