CQT 0.00% 51.5¢ conquest mining limited

low volume

  1. 749 Posts.
    Although CQT is in a bit of a lull, there are still some positive signs.

    It seems to have stabalised around the 40c mark, with very few shares trading hand the past few trading sessions. This indicates that big players are not exiting, it is the small retail end that has no more patience (and I can understand that).

    Given that, IMO there is no need to sell at the moment. Afterall, we should follow the smart money. The smart money is taking a breather from CQT whilst it plays around with GDN and DYL and others alike. But once we get closer to the next resource upgrade, we should see some good volume and nice modest rises (assuming the results are positive).

    And if they are positive, then watch this fly.

    I remain a patient holder.

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Currently unlisted public company.

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