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Gold/Mining/Energy : Queenstake Resources (QTR.T) -- Ignore unavailable to you. Want to Upgrade?

To: Brumell who wrote (1636)	1/4/1999 6:36:00 PM
From: charred	Respond to of 2249

There is still potential here. What they might need is a few diamond drill holes to test the structure and/or favourable horizon. RC only gives you alteration and rock type. Structure is destroyed. With 174 meters of 0.47 grams Au/tonne, it's worth following up on. However I wouldn't buy the stock at this level. At the moment company has a 19 million dollar market cap and less than 7 million in the bank depleting quickly. Many other Juniors with lower market caps and better properties. With these results I bet Newcrest is going to walk.