If you are a QOL enthusiast please do not read on.
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I have been watching QOL, as a longer term investment, for some time and have been happy with what I have seen...that is possibly up till today. Yesterday I even moved money out of another Moly play with the intention of putting it into QOL some time soon. Then came the announcement.
I understand a "Chairman's hole" to be a hole drilled at some place where extremely good results can be expected. It is a form of scam meant to bolster the SP, for reasons best known to the company. I have read and re-read today's announcement and note the similarity to a "Chairman's hole". I am now hesitant about my proposed purchase.
Please prove me wrong if you can. Alternatitively I wonder if any of the previously released material bears closer examination.
QOL
queensland ores limited
