re: News: Queensland Mining (ASX:QMN) Howard R...
Leroy,
Whilst I hold no stock in QMN, I do like to keep up with what is happening with cdu's immediate neighbour which, when CDU had a large shareholding, I did contemplate purchasing but management did not appeal.
When CDU [ in which I am a shareholder] exited, I lost interest.
At one point, I thought CDU might take out QMN mainly on the basis of consolidation with the Morris Creek tenement. I do still think Morris Creek would be of interest to CDU but not the other areas but who knows circumstances do change. A joint venture on Morris Creek using CDU'S owned drill rigs would seem a logical proposition if, and I state if, an agreement could be reached.
QMN Price at posting:
7.2¢ Sentiment: LT Buy Disclosure: Held
