Queenstake Resources (QTR.T) Message Board

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

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To: Barry Smith who wrote (1673)	1/5/1999 4:04:00 PM
From: Claude Cormier	Read Replies (1) of 2249

<<If that is the case, what are you doing on this thread. Obviously QTR doesn't merit your investment $$'ers. >> Mon ami Barry, Simply because QTR has high potential and the risk has been getting lower since the surge of late November. When QTR was trading below $0.30 last summer it was a value as the price was supported by the cash in the bank. I missed it then. But if it gets back below $0.40, I'll get in. In the same manner, if QTR had announced great results Monday, I would have buy. IOW, I am on this thread because I am searching for value. I am on several other threads for the same reason. Is that answer good for you ? << Over here the Queen offers a 100 to 300 percent return.>> The truth is that there are several juniors offering that same potential with much lesser risk than QTR had when it traded above $0.60. Now it it is heading to $0.40 or possibly lower depending on the next sequence of events, it is again approaching the bargain category. CC Editor, The Goldbug's Comment. P.S. I don't invest in the Barrick's of this world.

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