I am disgusted by the treachery of some on HC who for 2 months have been stating they are the friend of QBL (in some cases have implied that they are the ONLY friend of QBL), and would buy more on open and hold for the long haul into production; they upramped and made incredible claims filled with cloud 9 positivity blah blah blah.... and then jumped ship to gain around 20% profit!
I don't have any problem at all with anyone who has been consistently bagging QBL throughout the suspension; you are entitled to your opinion. I don't share it as I believe I can see incredible potential here for the long term when we see some numbers for the other 99% of the tenement.
Several downrampers have put forward many potentially valid questions which I have taken onboard (and thanks for those thoughts), and anyone who I believed was FOS in their negativity I can just muzzle on HC so I don't have to read their crap, but I never expected I would have to turn off any QBL supporters because they turned out to be FOS turncoats. Just goes to show once again that we should always make our own decisions in investments because there are sooo many with secret agendas on both sides of the fence, and therefore there are no real 'friends' on HC because many don't have the courage of their convictions, or their 'convictions' aren't worth a piece of crap and are in fact just blatant lies designed to elevate the confidence of their 'friends' so that they can take them down!!!
My opinion has always been that QBL would reopen at around 3.5 - 4 (but most likely near 3.5 ... which it did) and would grow in the short-term to between 6.0 and around 12c, involving much volatility for a few weeks. Some of the pre-ann basis which I used as the foundation for my speculations has not completely materialised in these initial announcements (eg production in 1st 6 months as it is now delayed to 1st 12 mths), and so therefore I will need to wait a little longer before I again put forward speculations of .26 and .54 and the like in the mid short-term, but my money is still where my mouth is:.............
I still hold every share that I have had since pre-suspension as I cant see the point in losing in short-term when there is still a fortune in the mid to long term awaiting me. I held right up to the 3.6 this morning and bought more at 2.5 and 2.8. So thanks to holders who got out at 2.5 this morning. I am holding onto (some of) your shares and am happy to sell them back to you in about 9 months or so, but at an exponential premium!! (except the ones I bought and sold quickly for cash flow reasons today (B2.5; S2.8) - hopefully whoever I sold them to today will lay them down like a young wine until they mature a bit more...)
Why am I still soooo confident? Apart from all the positive points in the exec summary, if everyone actually printed out the 2 reports, and armed with a calculator, highlighter and a black and red pen, spent several hours last night examining, cross-referencing and proofing the reports they would have come up to the second last page of the Quarterly report where in S7.7 there are listed a total of 3,000,000 performance options, expiring 31 Dec 2015 with exercise prices of 25 cents, 35 cents and 45 cents ! If anyone ever needed to see the proof of the pudding for next Xmas, this is it! QBL directors are suggesting (IMO) that they anticipate the SP to possibly be at 45 cents by end of 2015. I am sure they would like to see a $450,000 end of year bonus on 31 December 2015 for delivering on their promises....I personally can wait 12 months for a 1500% increase on my investment.
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