There is no doubt that accumulation is going on. I mean to say...

There is no doubt that accumulation is going on. I mean to say who, in their right mind would buy and sell at basically the same price?? All that is happening is that those who bought at the "offer" of 12c have seen that their investment hasn't reaped the rewards that they were looking for in the very short term and are now opting out. More fool them, because if they had of taken the time to look at the exchange rate between USD/AUD they would have noticed that the latest figures given for profitability were based on an exchange rate of some 93c. That doesn't apply anymore, at last reading it was circa 86c, which for those who aren't aware is a good thing.

Now, QOL has an offtake for the first year of production for all that they have, with an option going forward. We are talking about a commodity which is in high demand and growing and a commodity that is in short supply and depleting. So to my way of thinking, that puts them in a very strong position to apply the "blowtorch" to whoever wants to buy.

The market at the moment, particularly for junior miners, is not healthy, but those are the ones who will be running cap in hand for further funding from the sharks to keep their operations running. From what I can gather QOL does not fall into this category.

Good luck to all holders.