QMN 0.00% 16.8¢ queensland mining corporation limited

qmn cried wolf, page-29

  1. 199 Posts.
    Company going bust isn't possible.

    We own the company as shareholders therefore we own the assets (i.e. the land with all the copper in it). QMN doesn't have any debt so no problems about that.

    Share price can continue to fall though and your book loss will get bigger (so will mine...).

    Alternatively - things kick into gear and we start getting some results go our way and the SP increases!
 
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Currently unlisted public company.

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