QMN queensland mining corporation limited

calm before the storm, page-6

  1. 1,362 Posts.
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    Meerkat
    your comments are worthy of comment and I respect you wisdom of your 20 years experience. I've personally held qmn for a number of months and silly me accumulated as well. I'm not sure if I have done the wrong thing but one of the things that concern me is they have not found anything worthy of discussing. Not like wdr that has a proven find and it was even more painful when it has spiked over the last few days. CDU has been buying lots and lots of shares in Qmn and could this be telling us that there is also plenty of copper on Qmn lease. That's the million dollar question. There are lots of miners interested in the Morris creek result. I always have some concern when it takes longer than expected especially if they found any mineral they would be the first to blow the rumour whistle. I held proto for a while (what a joke) and after it spiked it hovered around 10 c to 8c waiting for the lindermans result. Unfortunately it was tragic and it plumpted into the 4c zone. My concern is that qmn may do the same if Morris creek is a sand pit. My question is do I walk, take the loss and sit on a miner that has the potential to crack the $1 zone from it's present 60 c zone. Suppose it all hinges on the Dow as well a rally can also push up the small miners. Meerkat we are not immune from being Burnt from small miners, but they can be an amazing ride if you pick em right. I have not yet determined if qmn is worthy yet.

    RB
 
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