Like you leroy not sure what is going on. Still very low volume considering current SP, so not as if a mass evacuation, but agree that the decline since it was in the 40's is ongoing. Clearly CDU's delayed JORC is having a negative affect on both QMN and GBZ (who not long ago was riding high with the market and never looked like going back to current levels). Anyone who says otherwise has rocks in their heads. Whether it is only a nearology relationship it exists.The Cloncurry players are certainly treading water at best whilst the rest of the market has seen significant advances. Dissapointing but what can you do. Most of QMN and GBZ holders I suspect would hold because of anticipated CDU JORC so can't really do much but sit and wait. As a holder like you mate I would love to see the market depth correct itself and an uptrend start to materialise but I suspect I will be holding QMN for a few months yet to give it sufficient time to show the market what it is capable of. Same old line - patience is the key.
Good luck all
QMN Price at posting:
22.0¢ Sentiment: LT Buy Disclosure: Held
