QMN 0.00% 16.8¢ queensland mining corporation limited

Everyone has their different motives for posting, but in...

  1. 836 Posts.
    Everyone has their different motives for posting, but in Howard's defence:

    1. Howard Renshaw, a director of QMN, has quite a large shareholding in QMN and I highly doubt that it would be in his interest to drive the share price down. Ok I have heard the argument before about how he got his shares for free but imo that is irrelevant ... a man of his age, I believe, would be looking at increasing the shareprice and not decreasing it.

    2. Purchasing White Range was a coup - huge upside from this purchase that was half paid with by cash and the other half paid in shares - good result for shareholders.

    3. The number of times I have seen stocks that are as cheap as QMN that go in to a trading halt, make an announcement, and massively jump after resuming trade ... take TKG as one of many examples.

    4. QMN could go in to a trading halt any day and make a big announcement ... people who are not on board will be very disappointed if this eventautes.

    As always, patience is required, and there are plenty of rewards here for the patient investor.
 
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