QOL queensland ores limited

god bless qol

  1. 355 Posts.
    .....its the only stock in my watch list that is green....actually I lie, cos SNU has woken up briefly.............before going back to sleep again I would suggest!

    Watched the opening today, and it was panic selling right across the board in the junior mining sector, .....and U and Oil &gas, (although Palladin bucked the trend)

    In situations lke these, fundamentals count for little as the crowd/herd all try to exit the doors at the same time

    QOL has done partic well compared to many, probably cos cash is already in the bank for development etc, etc

    IMO this is not a crash but a very severe correction, which may still take some time to work its way through the system. QOL will come back with a vengeance once this happens, but dont hold your breath for a quick bounce, cos quite frankly, the market is spooked !

    Those that hold, or add to positions now, will be smiling in a years time, when the money starts rolling in from the Moly and Tungsten

    Difficult times for all, but I for one will be holding tough for the long term............ although I understand why people are selling down indiscriminately at the moment

    Good luck to you all, in whatever course of action you take

    all IMO of course
 
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