As discussed previously by numerous people previously Read up on the Ranau PSC and South Sumatra Basin lads. This micro cap is about to have a few fireworks and BANG!
As advised the Strachan Report is half right this little stock is going to make quite a few people buying at these low prices rather wealthy.
Most think this is about to become both a traders and investors delight for anyone with appetite for high risk/reward.
For example Look at AOM from 0.003 - 0.061!overnight recently and QPN potential is more than possibility tripple the opportunities plus...
As advised by others this reminds people of the Beverly Hillbillies, this area really does have oil seeping at the surface.
Data Drilling Approval Received for Ranau PSC http://www.qpnl.com.au/investor-centre/ ... u-psc.html
Research Report - Strachan Corporate Tuesday, 23 October 2012 http://www.qpnl.com.au/investor-centre/ ... orate.html
Proactive Investors Profile on QPN Thursday, 23 August 2012 http://www.qpnl.com.au/investor-centre/ ... n-qpn.html
Research Report - Halifax Investment Services Ltd Thursday, 12 April 2012 http://www.qpnl.com.au/investor-centre/ ... s-ltd.html
As advised by numerous people Permit and funding in place, directors buying, buyers building and drilling in December - obviously with the wet season and looking better after Feb from people who know the area.
Anyway setup for a possible positive trend upwards
Most companies are all wrking hard behind the scene, QPN are still junior stock and are still in the ASX 300 this alone is a feet as their are alot of watchers and gatekeepers and Rules which are very extreme if you do not perform to accounting and tax laws.
QPN will be working hard most have an invested interest and a good bonus to increase check out their website.
Anyway I will hold and wait and see - their top 20 shareholders are if they weren't comfortable they would sell down,most of these investors are not fly buy nighters look at what other compnaies they are invested in.
Anyway good luck to QPN investors(Opportunity waits)
Like most I will hold and wait.
Isn't it positive to see large volumes place on buyers today after yesterday sell down via cross trades.
QPN Price at posting:
0.5¢ Sentiment: Buy Disclosure: Held
