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Gold/Mining/Energy : A to Z Junior Mining Research Site -- Ignore unavailable to you. Want to Upgrade?

To: 4figureau who wrote (692)	7/18/2002 11:35:47 AM
From: russwinter	Read Replies (2) \| Respond to of 5423

Yes, another one that may have missed the little opening was YQR (Conquest). They tried to do one at 35 (I had some interest but at lower prices). Had several messages from them on voice mail when I got back from my Mexico vacation, but I think they will have to lower the price? YQR is quite a story. They control some very interesting assets near Detour in Ont and two million low cost oz at Jerooy in Kyrgyz. They need to raise US$8 million by YE 03 to pay for the later. It's a company building/ capital raising play a lot like NGT and AAS but without the split ownership. Of course if one buys in the 20's here one gets in for a mere US$5 million enterprise value (important to read the small details of the structure: includes 2.6 m Cdn cvts). Pretty nominal for what they control. Of course the hope is that if and when the juniors light up again (have about a year) they get the placements done at much higher prices. If the market stays dead, they are out of luck. But, it's certainly the kind of junior that will be on savvy investor radar screens if interest picks up again. conquestresources.net