QPM 0.00% 3.3¢ queensland pacific metals limited

Ann: Acquisition of Moranbah Project, page-127

  1. 635 Posts.
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    Seriously mate, you guys are in dreamland.
    Yes, we have exciting times ahead, but this gas announcement is a doozy, it is nothing but fluff at this stage and has a long way to go before becoming meaningful and relevant and thereby having a positive effect on the SP.

    The current trend with the QPM fraternity seems to be "buy the rumour and sell the news" and it's been this way for quite some time.
    SG as capable as he is, has limitations as to what he can achieve re timeframes - the market seems to be looking for instant gratification and QPM does NOT fall into this category.

    The road to QPMs ultimate success is long and arduous and requires patience. Sadly, for a lot of QPM holders, patience is nothing but a 8-letter word. Buying the news is a sure path to financial despair, as the SP will slowly dissipate and tread backwards to its pre-news level - and then grind forward with the whiff of more news.

    As mentioned in an earlier post, I am not a down-ramper of shorter (dont even know how) or any of the associated BS.
    And as always, do your own research.

    Good luck to all


 
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