Hope I didn't start all this, just want opinions and some input on the drilling results because it is under performing and perhaps by learning more or reading different opinion helps to understand. I have held a little too long for my comfort without seeing any real growth, well none really. I understand the finance side better than the geology side and I am happy with the numbers except the mine life issue According to forecast eps it is currently a p/e of between 1 and 2 which would indicate upside especially if we could add a few years mine life.
Moly itself is not in short supply in the ground but lenders baulk at financing these mines so QOL is in a great positon in that regard and well placed for a takeover as it will come just about debt free. Far far more attractive to anyone seeking a moly mining aquisition.
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drilling results, page-40
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