why invest in qmn, page-6

You'd buy QMN because it is on the verge of going into Production. Compare QMN's JORC to CDU's JORC and then compare market caps?

QMN can be in production before years end via 3rd party ore processing. Indeed QMN have little bits here and there but over all they all close together and transporting costs would be minimal.

From the Half Yearly Mt Freda can be supported by Gilded Rose's gold mine plant and infrastructure and other QMC gold leases within the area. I don't believe this is the only case of where QMN's properties can be processed together.

This is from the last quarterly:

"The strategy of QMC is to mine properties which contain substantial JORC resources and, in some cases, have already been mine engineered and for which certain approvals have been obtained in the past for mining activities. QMC, where possible wishes to engage with other mining companies in their strategic development so as not to duplicate infrastructure and processing facilities but to enter into join venture and infrastructure sharing arrangements."

Shareprice wise, well look at QMN on the back of Young Australian results which had the QMN share price reaching 18c, and then now to reside at almost 50% less because of lack of activity over the wet season? Given that drilling season is just around the corner, and QMN still being heavily oversold, JV negotiations at an advanced stage, QMN is probably worth looking into.

I feel that should news arrive such as JV, QMN will spike up very sharply (possible range repeat to almost 20c) as many holders have sold out from lack of patience and will look to re enter when things get moving. QMN can trade 60M+ shares in a day and I'd hate to be chasing for stock.

-Beany