new global low, page-86

Roh

When CDU dumped their shares it was a down hill slide from there, CDU dumped around 14c and clobbered the price. qmn then slipped to about 11c and they came out with some news and the price popped to around 13c and thats when i sold out because of CDU stepping out and Max Tuesly was quiting his job. That alone told me all i needed to know about whats going on behind closed doors. It was a good move in which i took heavy losses but still had enough capital to stay in the game.

I agree underground mining is expensive but none the less if enough of the red stuff is down their it will be viable or could be sold to CDU as bolt on resurces, it would still create value for shareholders which is something that holders are yet to see after 5 years. If your going to go on an exploration hunt for gods sake chase your best targets. RC drilling at Morris Creek again from history will again prove to be a waste of time, the magnetic data from morris creek really looks hot and it would be worth sinking some good money into Morris Creek to give it a chance, it would only take one hole to deliver and the market would jump onboard, again the company cant seem to realise this and is instead chasing tin pot gold resources that will never amount to anything, the gold projects are about as economic as taking $5k to the casino, a complete waste of time,money and effort. The potential company maker is White Range. When you have limited cash resources you cant go and spend money on stupid crap like a pathetic gold project, seriously what a complete waste of money when money is so short it seems, spend it on things that will actually create progress into development. Its like chasing kangaroo's with a bmx bike, your never going catch one. Morris creek is prime realestate in terms of exploration ground yet has never ever been tested properly and it has one of the best copper resources lying right next door with copper from surface to nearly 1km down, theres a good chance this spills onto Morris Creek.

QMN is nothing short of a dogs breakfast and the market wont touch it while the stench is still draining the company of its funds in watseful spending in every single department