DESCRIPTION: La Quinta (LAQ) is a junior exploration company actively seeking mineral opportunities for the benefit of all its stakeholders. Currently, the company is focused on exploring for gold and silver on its Easter and Black Jack properties in Nevada. The Easter property has been the subject of significant exploration work by other mining companies, including completion of 121 drill holes that outlined an area of gold mineralization with a strike length of at least 6,450 ft. and widths up to 90 ft. LAQ is also undertaking development work on its silver property, the Black Jack project.
The information provided below is based on the most recent information we have received from analysts, newsletters and other contributors to Streetwise Reports' The Gold Report or The Energy Report. We encourage you to visit the company's web site and call the company for more specifics on this company before you decide to invest.
"La Quinta is totally focused on Nevada. [Its Eastern property] has a significant exploration history. La Quinta recently announced an NI 43-101 compliant resource estimate, which outlined about 101,000 ounces of gold in the indicated category. That is very good, in our opinion. . .What we really like about La Quinta is it acquired this high-potential property at very compelling terms and has been putting together an exploration plan that, I believe, can expand the resource base significantly. Obviously, that would be very good for shareholders. . .[CEO] Glen Watson. . .decided to take hold of the company and refocus it, and we believe he has done a very good job. . .They have a good team on the technical and business/financial side. I think that bodes very well for the company. . .This is a good example of investors being able to get exposure to gold at a low entry point and how some junior gold explorers can provide strong potential for growth."
View Entire Article: Vikas Ranjan: Good Potential in Junior Golds
Vikas Ranjan, Ubika Research
(07/11/10)
"La Quinta Resources is a promising junior gold exploration company. The property of focus for LAQ is the Easter gold project. . .in Nevada, one of the best-known gold zones in the world, which is surrounded with sound infrastructure and has significant exploration history and future potential. . .La Quinta is focused on finding undervalued properties in the safer and easily accessible mining zones. The company has meticulously followed a plan to acquire resources that exhibit the necessary characteristics of showing strong exploration potential but are undervalued. As a result, it successfully acquired Easter Property, which displays such traits, on reasonable terms. A well-targeted and properly executed exploration plan on this property could result in finding significant resource base and could lead to substantial value for shareholders."
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