QMNM: Potential $17M Deal on The Table Shows Hope For Future.
Quest Minerals and Mining (OTCBB: QMNM) made public an opportunity on Tuesday that if brought to life, would have MASSIVE implications on the company’s future share price.The emerging coal producer announced recently that it would soon be prospecting coal at its Kentucky mine that reportedly houses more than 3.7 million tons of coal reserves. According to the company, proper equipment is being shipped to the property right now in order to begin prospecting to fill an $8M purchase order.
On an even more promising note, Quest revealed earlier this week that a group in New Delhi, India has made a contingent offer to purchase up to 150,000 tons per month of metallurgical coal from the company at $114 per ton. That’s about $17M per month.
With shares now trading at a lowly $0.0035, if you believe in this opportunity even the slightest bit, I suggest weighing your own personalized risk/reward ratio here and contemplating getting in on this deal before final surveys are conducted and prospecting begins.
Labels: QMNM, Quest Minerals and Mining Corp
posted by "Staff" at
1:42 PM
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