Quest Minerals & Mining Corp. (OTCBB: QMNM) hit the presses with some rather positive news this morning.
The company announced that it has retained White Star Mining, LLC, of Kentucky, to conduct mining operations at their Pond Creek Mine at Slater’s Branch, Kentucky. According to the release, White Star has cumulatively amassed more than 50 years of mining experience and has already commenced preparations at the site. Limited operations are expected to begin next week.
Commenting on Today’s news, Eugene Chiaramonte, Jr., President of Quest, stated, “We are very excited that White Star has agreed to conduct mining operations at the Pond Creek Mine. They have significant experience in the coal mining industry and have an excellent reputation for providing quality work. We are looking forward to having them as part of our team and we look forward to a prosperous relationship.”
If this relationship comes to fruition and production gets online here, current levels could prove to be quite laughable.



Despite the inertia that seeps into every traders brain when they have an active trading morning, keep in mind that your risk/reward ratio changes throughout the day… dramatically!
A weaker volume market is a more volatile market and a more volatile market is harder to trade when using any type of trading system (which you are… right?). Remember that the first hour after market open and the last hour before market close are the strongest and most trend following hours of the entire trading day. The hours in between should only be traded by savvy and impeccably disciplined traders who do not mind twiddling their thumbs in order to keep from getting trigger happy.
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