Well I thought this was a pretty good announcement and am surprised the market hasn't responded accordingly. I understand it's Christmas time but this is WAY oversold imo. Hopefully the new year will see a turning point for QMN. What else do you do??? Management need to beat that market drum a lot harder imo.
________________________________________________- http://asx.com.au/asxpdf/20121218/pdf/42c04g4jp4yfbl.pdf
ASX Release
18 December 2012
Further High Grade Copper and Gold at Greenmount
Results from the final 8 RC infill holes drilled at Greenmount continue to confirm the consistent nature of the high grade copper and gold mineralisation- Significant new copper results from the latest RC drilling at Greenmount included:
- GM12RC-23 14m at 1.9% Cu and 1.2g/t Au from 143m
- GM12RC-24 9m at 1.8% Cu and 0.8g/t Au from 62m
and 6m at 1.4% Cu and 0.6g/t Au from 89m
and 12m at 2.5% Cu and 1.4g/t Au from 100m- GM12RC-25 23m at 1.4% Cu and 0.9g/t Au from 13m
including 7m at 2.4% Cu and 1.7g/t Au from 21m- GM12RC-27 24m at 1.5% Cu and 0.7g/t Au from 64m
including 10m at 2.4% Cu and 0.8g/t Au from 70m- GM12RC-28 9m at 1.4% Cu and 0.6g/t Au from 116m
- GM12RC-29 5m at 1.5% Cu and 0.7g/t Au from 126m
- GM12RC-30 4m at 2.6% Cu and 1.9g/t Au from 64m
The drilling was successful in identifying addition mineralisation in a number of areas in the deposit and as such will have a positive impact on the Greenmount Resource.
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Well I thought this was a pretty good announcement and am...
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