QOL queensland ores limited

Howdy,I have to say, with its small share base and current...

  1. 842 Posts.
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    Howdy,

    I have to say, with its small share base and current progress she's looking extremely tempting.

    Maybe general market conditions are holding it back today, or, maybe the possibility that it could yet drift back to 25? Technically, that would give it a double-bottom on the charts and set it up nicely for a move higher.

    Clearly they’ve got all the ducks lined up now and things are happening pretty fast, so they've obviously been busy in the background over the last 6 months. That would also tend to indicate that the run up to production will be relatively smooth. (and maybe even ahead of the revised schedule?)

    It’s certainly a monty for the medium term, with some nice exploration upside lurking there too. Question is, will it go to 25 near term?

    Would humbly suggest a well-positioned stop-buy, or trailing buy, would do the trick nicely under current circumstances, for those with such a facility.

    Cheers!
 
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