QOL queensland ores limited

Hard to beleieve that this stock was trading at 25.5c only 1 1/2...

  1. 355 Posts.
    Hard to beleieve that this stock was trading at 25.5c only 1 1/2 wwks ago and nobody was particularly intrested

    Goes to show the effects of 'sell in May and go away'...and tax loss selling.............. in artificially deflating the price of a stock

    My long research has always told me that there was good value in this early /aggressive strategy of bringing a Moly/ Tungsten mine quicky to production to take advantage of the rising moly spot price and the solid tungsten price

    Good management.........fully funded


    Of note....... One of directors of QOL is also on the board of Southern Uranium (SNU)....also Talbot/ Citic as cornerstone investors. Worth a look as currently trading at only 5c above the IPO price (20c) some 7 months ago...........$13mill. in bank for ongoing exploration..........excellent tenements in Gawler Craton for U and IOCGU targets....ongoing info stream about to start soon

    SNU has also been the victim of the ' sell in May.... 'syndrome, so definitely worth a look IMO

    All IMO of course, and I do hold both QOL and SNU

    cheers
 
watchlist Created with Sketch. Add QOL (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.