Agree Raks!We could see this move from the teens to dollars with...

Agree Raks!

We could see this move from the teens to dollars with QMN but maybe not with the speed we saw with CDU. They have the possibility however of becoming a lot bigger than CuDeco over the long term simply because of the magnitude of EPM's and mining leases they hold. This real potential is the reason for my investment in QMN.

Funding was always going to be a concern though and with the WFC it looked as though QMN would struggle to get the funding required to start moving forward with any of their many projects. The recovery of commodities and the strength of the gold price has opened up so many opportunities for QMN.

One significant difference from CuDeco is that its been reported that QMN have existing mines that can become opperational again without much expenditure. This should bring a cashflow that will contribute to funding some of the mass exploration that is required to assess and JORC their many EPM's. This cashflow if achieved will minimize future dilution. Its extremely ambitious for QMN to hold so many leases but if another mining boom is starting then they may just be in the box seat for rapid growth and multibag SP appreciation...

Cheers!