I, by all means, will not sit up here and defend Tom and Ray on their past failures with QEDN. I won’t pass judgment on them either since I know that I am not perfect and have had my times of failure. However, I do believe that this new gold venture is very real and will turn out to be huge. I think this deal is very different and the news today confirms it even more for me.
John Naisbitt, the new QEDN Director, was running a $1.5 Billion project with AngloGold Ashanti which is an over $3.8 billion company that trade on the NYSE at $9.40+ per share: http://finance.yahoo.com/q?s=AU
John also worked at Barrick Gold, Lydian International Limited, and quite a few other major mining companies. This guy is the real deal. No way he would be here coming on board to be on the QEDN Board of Directors unless he knew of something very real that has been confirmed to exist within their gold/mining property. QEDN will recover and recover very big from these levels in my opinion. I believe that those who don’t see it now, will see it later. The past with QEDN should be forgotten about.
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