NQM 0.00% 40.5¢ north queensland metals limited

being wallked down as target for takeover???, page-11

  1. 5,515 Posts.
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    Hey NK. I've been following NQM for a while, although haven't bought in yet. Liquidity is quite poor, but they are making good money, especially with gold over AU$1400 at the moment. They also have some good growth opportunities, which is important when evaluating any purchase. I just hope they don't throw money down the drain at Twin Hills. GDO (formerly BMA Gold) made a hash of it there, hence the sale at a low price. Hopefully NQM can do a better job. Dottswood ended up being a waste of money, so they are not infallable. Anyway, I'm looking for an entry if it hits 20c again.

    Btw, have you looked into FML or GDO at all? I've got them on my watchlist at the moment as prospective purchases. Would be good to get an unbiased opinion.

    Cheers,
    Z.
 
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Currently unlisted public company.

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