QMN 0.00% 16.8¢ queensland mining corporation limited

qmn comparison with sfr & cdu, page-42

  1. 20 Posts.
    beany72
    congrats,,,you have hit the nail on the head.
    its all about cashflow, whether its a mine or an apple store at the local market.
    once we are in production all of these share dilutions become uneccesary and we have money coming in on a weekly basis to use for the many other prospective leases that qmn hold. prospective being an up in the air word like potential or "geez i hope we find something".
    with income a company can spend time establishing other areas that are mineable and then the income grows again.

    id like to mention a share i bought at 43 cents a while ago called sally malay mining.
    they meandered around at the 40 to 50 cents mark for a long time while they were trying to get production happening. then it happened
    they went into production and had income and cashflow and the market loved them like i love my mother and i sold out for $4.50
    PRODUCTION IS GOD IN ANY BUSINESS.

    ONCE HOWARD IS OUT THERE WITH HIS SPADE AND WHEELBARROW CARRYING COPPER OFF TO THE MARKET,,,,,,,,,BINGO
 
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