QMN 0.00% 16.8¢ queensland mining corporation limited

news out, page-29

  1. 792 Posts.
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    Hey flamenco,
    I had the good sense to Change the spelling of my name early on!

    In my opinion the recent announcements are very good news. From here it would be very surprising if more good followup did not occur from here. The white range timeline suggests that production would not start until some time in 2012 and that's fair enough, these projects take time to develop.

    Perhaps development will occur through a jv or a capital raising. Wait and see. Let's also hope that china keeps going and that oz does not fall into recession. The banks will be needed at some point no doubt.

    In my opinion qmn remains risky but things are now leaning towards opportunity.

    For those of you concerned about new staff costing money... Remember that at some point you have to spend money to make money, that includes us buying the stock if we so chose!
 
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