QMN 0.00% 16.8¢ queensland mining corporation limited

techincal update, page-17

  1. 3,325 Posts.
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    My thoughts are;
    I feel it's too ambitious to think the results will be this week. Late next week if your lucky, but more likely late last week of November, just before DEATH day of options. Company is more than likely pushing too have results before option expiry day (Last day of November).

    However the company may stagger the release of results like they have done with Greenmount which would make the above incorrect.

    But announcements can come from left field. I'd really like to see the markets reaction on an announcement along the lines of Mt Norma stockpile to be processed early 2012.

    Actually quiet pleased with how QMN has been holding up given the recent blood bath across the market. Young Australian is very promising and if this company hits the money, another 300% surge is not out of the question. Large buy orders have been going through and it is out of the ordinary for trading in this company. I feel something BIG is in the pipeline.
 
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Currently unlisted public company.

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