There are some big holders from 0.3 obviously getting out with a nice profit at 0.7c The fact that it hit 1.2c (400% gain) based on nothing was pretty amazing. I mean really, what is QPN? A pure spec play with 2 mill in cash and shared facilities with PEN, some as yet unexplored mining rights in Indonesia and an announcement of a 3 hole drilling program. Considering we don't know the cost or where the money is coming from to drill 0.7c (100% plus gain) would still seem a fairly big rise on a plan to start looking for gas.
QPN Price at posting:
0.7¢ Sentiment: None Disclosure: Not Held