Storm within a few days? You might be right... our house is being attacked by ants... And heavy rains always follow... If only we could get a positive news pre-indicator!
QMN has a lot of potential but focusing on so many projects rather than focusing on 1 or 2 (in the beginning) will require significant future funding and dilution. This may be the biggest problem for this company in the long term and may act as a strangle hold on the SP, limiting the potential of a strong SP run on the back of future positive news...
The lack of Morris Creek news is interesting, considering the SP probably had its strong and fast rise from around the 10c level as result of investors started to believe that QMN may just hold simmilar CU grades as CDU on their small Morris Creek EPM... Bad news from Morris Creek could send the SP back a long way I feel, but the SP has held up pretty well considering there hasn't been any significant news from Morris Creek drilling yet... But the company can't hold back drilling results forever... Positive news from here will see the SP run up again to recent highs but negative news will see the SP fall further and the longer QMN takes to announce results from Morris Creek the chances of negative news increases...
QMN still has great potential and is on my watch list...
Good luck all!
Cheers
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