I bought my QMN shares in view of a 5 year plan. Although they have taken a tumble during the GFC i still have great confidence in them. So why did i buy in?
1) QMN - Queensland Mining Corporation, the name even suggests strength
2) Location - The Cloncury region has seen some sigificant discoveries and i believe even more to come.
3) Talent - In recent times we have seen the team built upon, Brian in particular was involved with Straits Resources. The knowledge Brian has should prove invaluable.
4) Copper is a fundamental building material, usually most active at the early stage of economic growth
5) Explorer to Producer, one big fat bank check can turn an explorer into a producer overnight.
So i guess i will find out in due coarse. I remain confident and hopeful.
QMN Price at posting:
6.2¢ Sentiment: None Disclosure: Not Held
