for sceptics only, page-3

Silent Knight,
If you were thinking of switching from another moly play to QOL today I hope you didn't change your mind because of today's announcement as it was not even in relation to QOL's moly tenement. The results were in regard to the mount Canindah copper-gold prospect (which only very basic driling has been conducted and is not expected to be seriously explored until after wolfram camp is up and running and prob not producing til 2009 or later). Not to say that the announcement was very spectacular either and yes it very well may have been used as a method of 'buoyancy', but regardless, you cannot argue with the existing outlined JORC resource and mining and cashflow projections from Wolfram Camp that is only 6 months away from producing. At the current market cap with $25m cash sitting in the bank, i find it extremely hard to argue that this stock is not significantly undervalued. But then again each to his own and DYOR.