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Re: Hokie post# 122089

Thursday, 10/20/2005 11:39:05 AM

Thursday, October 20, 2005 11:39:05 AM

Post# of 270437
HoBo qmmg ramping up for production and getting their internal house in order.Posted this dd a few days ago:
QMMG update:I needed to verify that they still had the reserves since the shakeup.They have 14 million in reserves at low end 55.00 a ton thats 770 mill in coal reserves.If the get into production as per pr today at 40,000 tons a month at 55.00 a ton thats 2.2 mill rev a month.I was told by the company ton price fluctuating between 55-65.The joint venture with jj resources will also enable quest to develop and get in to production oil/gas properties as per aug. pr.Quest has also teamed up with utek corporation which will help them in getting more properties thus more reserves.Their was a reason it traded at 3.00 and most of those reasons are still in place.If new management with their new partners listed above can start mining as per todays pr then I believe this one can move much higher.Interesting story at these levels.Insiders own 30 million shares.I am also going to get Rig's opinion as he plays mineral stocks also.Accumulating.Bob


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