I'd have to disagree on that one. This company is based in Canada and has a ticker on the TSX from Canada. They will be playing business as usual and the TSX will effect the US stock that is now a PINK in the US.

Point being you can't treat this company and it's stock as a US pinksheet.

Hrm getting some off the 8 sounds like a plan to me

Word is spreading out beyond the confines of this board and the pinky flippers thats for sure.

Advertising on TV....this company is going to have a cult following in no time at all.

Pends on their plan to get there. So far all I have seen is they are looking to that in the future. And I think that's a good idea.

I got back in for one reason.

AMEX

If they are headed to the AMEX exchange then I want to be on board. Once this stock is off the pinks and on a real exchange this will be in the dollars no doubt in my mind.

Wth are you talking about? If the country that is using and producing 1/3 of the worlds coal starts importing coal and the price goes up across the WORLD then everyone who is pulling coal out of the ground profits from it....

You can't be serious about your post I hope....the implication of stupidity from ignorance is disgusting.

Time for everyone to invest in coal stocks.... lol pretty good world news for us I think.

Coal production and consumption in China
Casey Research
Coal production in China has more than doubled over the last seven years, reversing the decline seen from 1996 to 2000. In 2007, China consumed 2.9 billion short tons of coal, representing more than one third of the world total. As you might have guessed, this makes it both the world’s largest consumer and producer of coal.

Even though internal demand has been skyrocketing, China has been able to dig into its massive coal reserves and remain a coal exporter - until last year. In 2007, China’s growth finally outpaced its ability to produce, making it a net importer of coal.

Since then, international prices for thermal coal (the kind used to fire power plants) have tripled, going from $50 per metric ton to well over $150. Coincidence? We think not.
(20 August 2008)
Striking chart at original. -BA




China warns on winter energy supply
Jim Bai, Reuters
China warned on Thursday that its energy supply problems were likely to last into winter as it struggles to ensure stable sources of coal, oil and power, the People's Daily reported, citing a senior official.

The pressure to secure raw materials will be "considerable", according to the report, which quoted an unnamed official of the National Development and Reform Commission (NDRC), the top government planning agency.

The NDRC did not offer a reason for the persistent tightness in supplies, but China is only now beginning to emerge from several months of its worst summer power supply crisis in four years, after surging coal prices turned power company margins negative, prompting many to curb supplies.
(22 August 2008)


Source: http://www.energybulletin.net/node/46363

I was thinking the stock was going down today with the SEC Filing of the solidification of the increase in A/S??!?

http://www.sec.gov/Archives/edgar/data/1130126/000101905608001060/quest_def14c.htm

Anyone else get the Schedule 14c stating the Board is going to increase the A/S count? Anyone see a silver lining in this?

"August 15, 2008

A majority of the shareholders of Quest Minerals & Mining Corp., have taken action by written consent to approve an amendment to our Articles of Incorporation, which amendment will increase our authorized common stock from 975,000,000 shares to 2,500,000,000 shares.

Shareholders of record at the close of business on July 25, 2008 will be entitled to notice of this shareholder action by written consent. Since the actions will be approved by the holders of the required majority of the outstanding shares of our voting stock, no proxies were or are being solicited. We anticipate that the increase in our authorized common stock will become effective on or after September 5, 2008."

I agree this is in the wrong exchange. I don't the OTCBB is any better this stock needs a real exchange but to do that we need some dollar pps.

You can only beat the naked shorters 1 way!

Increase PPS so they have to take a loss because it's going up and not down.

No one has control of a naked shorter if they exist and can get to you now they can and always will be able too get back to you.

Shorts don't make the stock go down. Shorts make money off the stock going down. They might support the stock staying down but it can't last forever.

If people wanted this stock long term there would be no shorts working this stock to a profit.

Concentrate on driving the PPS that kills a shorter anyday.

Been there done that my shares are worth 1/1000 of what they were lol

Would rather the North American side of GLCC STFU stop responding to this board and start acting like a million dollar company.

Would rather they get their audited financials in gear and only do press releases that pertain to the business side of this company. Real companies of this size even if they are in a law suit again a stock market forum and bashers don't announce it.

Bashers don't hurt your stock pps. If they have any control at all over how the pps moves then the company is failing at their job.

The fact that the investors in this company are spending 100 to maybe even 3000 dollars at a time on this stock is the problem.

Flip flip flip flip flip very few are here for a long term investment.

FIX THAT! Get this stock to another exchange or do a buy back and make this thing worth what it should be to reflect the company it is representing.

Show anyone that comes to this GLCC ticker to take a look see that the news reflects business is good and quarterly financials are soaring and the investors will come to you.

Keep putting piddly stupid news about spammers and throwing unnamed foreign investor buyouts and trying to name drop on investors that essentially are going to increase the total A/S of this corporation is insane.

We need facts straight and to the point if you can't give the investors all the facts THEN STFU until you can. It's your call when the news comes out and if you don't have the FACTS then don't freakin put up a half post about a maybe event.

If you take the 2 million and make it worth 200 million lets say for example. Do you care how much money the guy who gave you 2 million makes? Those shares will not be on the market for quite sometime.

Last post for today

Sure looked like to me people were picking up on the 3rd run possible. GLCC has been attractive for runs recently.

Just a matter of time before that 2 million rocks our world in one way or another. I just want to be on the record with you guys as stating I think its a buyback to increase and lock down PPS.

I still stand by my intial figure of $3.80 I think that's where it's going and I am sticking with it until it gets darn close if not better haha

The shares are NOT out there yet. That's the point. Hey come invest in my shares this is my plan I will take your money buy back the float and set the share price up real high for you. Will give you a contact when and how to sell your shares off without crushing the price of the stock. Working together we will both benefit greatly.

I can hear it now.

yeah that L2 is jacked up man try finding a different one free = suck sometimes

Is that what a large order block purchase for .022 limit looks like? I dunno.

That Level 2 is jacked up alot though.

It's pretty funny cause people are dumping their stock on this PR and prob because some nice plays are out there today too. And it's like....wow you guys are playing into their hands. I don't think it's illegal either cause they are just telling you what they did in a business transaction.

It's what they didn't say though. That's what I am waiting for and I think it's the 2 million or a large portion there of is for buying back the O/S shares that exist NOW out of the 169 million or whatever is really out there. At least the ones that people let go of. Mine are staying in my account I took down my super high sell cause its not as high as I would like now and scot won't let me put one up that high.

The funny thing is...shorts crushed....flippers crying....longs happy! And that my furry friend is what Garr would like to see.

What happens when the company uses 2 million dollars to buy up the float and more?

2 million dollars or much much less could set this share price up very very high. And that makes them all money anyway do you think they don't want the share price up there?!?

It's not like they are going to have to buy all the shares. The money will manipulate the stock into a frenzy of upward movement. Until eventually they either own the majority of the shares which are now worth a TON of money OR the stock is worth so much that people won't let go of it for anything less then the price they wanted the stock to be at.

They been talking about buying back for quite sometime but what I could never figure out was how they would convince GLCC to give them cash to make this happen when this is basically their baby putting the stock on the market and then it fails and goes down.

Now I see they worked out some cash and it's all making sense to me. I think they are gonna buy some shares back. I think they are going secure the O/S that they can get ahold of and set the ask real high in doing so. And 2 million is more then enough imo to set this price well over $1 a share using incremental buys.

Whatever I don't care how they do it if they get that PPS up there then they did their job.

Ask yourself why would they PR this? They want the price to drop...why would they want that?

No joke 1 million shares can switch hands 1000 times in a day and you guys would scream that 1 billion shares are on the float because of the volume traded. Which is insane the volume traded says nothing about how many shares are floating around. And it definitely doesn't tell you ANYTHING about the price of the stock. Three things could happen in that example. The stock price could end up lower, the same, or higher.

That doesn't make any sense at all people selling at the bid drops the price the float has nothing to do with it.

A person who gets the stock can sell it in the next couple minutes at a loss dropping the price. The same exact shares change hands and drop the price.

The price dropping in this market has more to do with action in another STOCK then ANYTHING else. When this stock has action people will buy back into it....

Translation sell now and drop the price so I can get a REALLY low buy in! lol

I see patterns all the time in the chaos....

IS there any wall out there? This thing is just gettin ate up

I don't beleive you can throw out the PR's. I think that for the people who are investing in this stock currently the PR's have not mattered. But for the future investors the REAL investors much like our few LONGS here on this board care they will be very important.

The current people investing in the majority of this stock want to hear very few things. So yes most of the PR's have not had an effect.

I just think we got past the run crap and have a good base to climb out of slowly the right way. Runs = crap that will just get us flipped back to hell again.

Not talking about prices...just the way it's trading

Seems like this stock is finally ACTING/TRADING like a real stock instead of a flippers festival. Gratz to all.

Flips got out before the weekend cause they scared problem is it might just rocket on monday missing out on however much it jump just in the first transaction is a mistake imo

As I said look for the aggresive buy back soon better get in there before monday is all I can say

Aggressive buyback in the near future watch for it

lunch time march should occur shortly lol...I still think 7 is the target today

Well the company set a mark for us. 0.20 to 0.35 that they are going to allow their executives to purchase at when and how they choose per the number of shares warrented.

What does this tell us. The company plans for this stock to rise well and beyond and everyone on the executive staff now has personal gain invested in this stock to rise above and beyond their duties to the company and their salary income.

That's something for sure. I look to the future and see them busting arse to get those numbers well and beyond the 35 cent level. What would you do if your company set a bar like that for you. I know my interests would be focused alot more on pps and getting it up there.

This is a dollar stock, I think the flippies can make some money on it for sure on the way up but it's the longs that grab tons of shares and hold them that will be the story to tell when the dust settles.

lol so WTF are we supposed to do with the GOLIF restricted shares of nothingness?