QML 3.16% 9.8¢ qmines limited

Ann: Drilling Intersects New Mineralisation, page-5

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  1. 287 Posts.
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    100% agree "teddie". why hype up drilling we all know about. I think a long shot drilling program on the outskirts of the original pit that stopped mining nearly 40 years. Drilling of 30,000 metres will be expensive and a burn of cash likely resulting in a 'placement" soon to top up the coffers. Shares losing momentum and closing in on a 50% drop from recent highs. I think if the pending results from ALS soon are not exciting it may be enough to break the camels back. As this is their "flagship" project....looks like it's a risky investment until something/anything of substantial grades or tonnage is shown. Gold/ Copper prices well off their highs. Personally I'm sticking to Rare Earths until changes are a lot more positive. I see only tiny retail investors/speculators purchasing tiny parcels of share likely hoping for the best...good luck to all
 
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