QMN 0.00% 16.8¢ queensland mining corporation limited

quarterly is out, page-34

  1. 2,859 Posts.
    Well, the consolidation month of January is behind us. Now for the continuation month of February. Woohoo, bring it on! I definitely expect new highs this month and the quarterly is a good start. However, there should be some upward movement in anticipation of results in the "March quarter" as flagged by Howard. This really could be at any time now.

    All of a sudden, Howard is now a genius again. Make up your minds folks. It's like schoolgirls sing "we love you Howard, we love you not, we love you Howard. blah, blah, blah".

    Fundamentals clearly indicate that the stock is way undervalued. 10% of the in ground value would mean at least a 70c share price. Whatever the case, 12.5c is an obvious bargain, imo. People holding out waiting for the gap below 10c to be filled will rue that decision - missing out on a minimum 5 bagger for the sake of a couple of cents.

    The 50 day and 100 day moving averages are pointing up indicating the medium to long term trend is up.

    Oh, and once again, good luck to all those waiting to buy under 10c. You're gonna need it.

 
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