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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?


To: Logain Ablar who wrote (73766)8/29/2012 1:40:47 PM
From: james flannigan  Respond to of 78422
 
Thanks Tim a do follow GDP but do not own any.But as a matter of fact I do position early in stocks that I hear or suspect is a take over at some point.

NES is in that camp after a I spoke to the CEO and he told on my question of take over "we are getting calls from major miners from all over the world". Thats not a pump by me but a fact.

Another stock I have been buying even added some today after the hole 94 was reoprted is Goldquest.

Lawrence Roulston seems to think a possible buy out is in the cards at some point.For the record I have followed LR for many years and it pays to listen. Some may take this as a pump but not me:

Lawrence Roulston seems to think a buy out of GQC is possible:

LR: The biggest payoff for a junior exploration company comes with a new discovery. We saw that recently with GoldQuest Mining Corp. (GQC:TSX.V). In a period of three months, its stock price went from
.05/share to $1.50/share. But, unfortunately, discoveries like that are not very common. Investors must balance risk and potential reward by buying companies that have a solid asset combined with a realistic prospect of a takeover. The value of a quality asset increases as the owner expands and upgrades the resource by conducting engineering studies and moving toward production. Companies with solid mining assets and good management teams that are advancing toward production provide the best balance.