QUEST MINERALS+MNG NEW - Next Generation
quest war nicht das einzige pferd, sonst würde ich im moment antidepressiva schlucken müssen.
Quest Minerals & Mining Provides Operational Update
Quest Minerals&Mining Corp. (Nachrichten) (OTCBB: QMMC; Frankfurt: QMNA.F), a Kentucky based operator of energy and mineral related properties, is pleased to provide the following operational update:
* Quest, through its operating subsidiary, Gwenco, Inc., has secured a significant price increase from one of its customers for the sale of coal from the Pond Creek Mine at Slater's Branch. Due to competitive concerns, Quest will not disclose specific information relating to coal pricing.
* As a result of more consistent and increasing production, Quest, through Gwenco, has also negotiated lower trucking costs for the shipment of its coal. Again, due to competitive concerns, Quest will not disclose specific information relating to trucking costs.
* The first major conveyor belt move to the new mine face was completed at the Pond Creek Mine. As coal production occurs, a new mine face is established deeper in the mine, which requires the conveyor belt to be moved periodically to be closer to the mine face so that the coal can be transported from the mine face to the shipping trucks more efficiently.
Eugene Chiaramonte, Jr., President of Quest, stated, “We are pleased to report that we have improved our pricing while reducing our trucking costs in this initial start-up phase of our mining operations. We are also pleased that, due to a reduction in work stoppages resulting from required equipment maintenance, we are mining more regularly, resulting in deeper penetration into the mine. As we continue to transition into full operations, we anticipate that our operating efficiency will improve.“
Quest also announced that it continues to move forward with its plans to re-open the Lower Cedar Grove seam, located in Slater's Branch, and the Taylor seam, located in Hurricane Branch. Samples indicate that the Lower Cedar Grove seam will produce metallurgical blend coal, and Quest's market research indicates that there is high demand for this type and quality of coal.
About Quest Minerals&Mining
Quest Minerals&Mining Corp., or Quest, acquires and operates energy and mineral related properties in the southeastern part of the United States. Quest focuses its efforts on properties that produce quality compliance blend coal. For more information on Quest Minerals&Mining Corp., please visit our website at www.questmining.net.
Forward-Looking Statements
This document contains discussion of items that may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Although Quest believes the expectations reflected in such forward-looking statements are based on reasonable assumptions, it can give no assurances that its expectations will be achieved. Factors that could cause actual results to differ from expectations include, but are not limited to, lack of revenue producing operations, lack of working capital, debt obligations, judgments and lien claims against Quest and certain of its assets, difficulties in refinancing short term debt, difficulties identifying and acquiring complementary businesses, fluctuations in coal, oil&gas, and other energy prices, general economic conditions in markets in which Quest does business, extensive environmental and workplace regulation by federal and state agencies, other general risks related to its common stock, and other uncertainties and business issues that are detailed in its filings with the Securities and Exchange Commission.
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Das wichtige aus den News:
Preiserhöhung für Kohle erzielt bzw. ausgehandelt.
Aus Wettbewerbsgründen wird der Preis für die Kohle nicht bekannt gegeben.
Kosten für Transport gesenkt.
Produktion durch neuen Miner erheblich erhöht.
stay coal... ;-)
Ich habe keine Quest-Aktien und werde auch keine kaufen.
Ankündigungen 25.10. Wiedereröffnung eines Flözes. 21.11. Wiedereröffnung eines Flözes.
Über den Chart wollen wir nicht reden. Quest Mining(new)lebt nur von Ankündigungen,
wen interessiert es, dass das Förderband wieder paar Meter voran getrieben wurde oder
dass für die zu fördernde Kohlenart hohe Nachfrage besteht. Entscheidend ist der Kurs,
und der ist be....scheiden.
Ich habe keine Quest-Aktien und werde auch keine kaufen
Klar, es gab viele Probleme bei Quest.
Fakt ist, die Produktion läuft.
Der nächste Bericht wird sicherlich noch keinen vom Hocker hauen, aber dafür der vom letzten Quartal 2007, da bin ich sehr zuversichtlich.
Ich habe Quest Aktien und werde noch welche kaufen.
Ich hab knapp 1 Mio Stück, die reichen für meine Nerven.
Bei 11 würde ich sagen:
Gestern standen wir kurz vorm Abgrund,
heute sind wir schon einen Schritt weiter ;-)
jedenfalls, kohle wird gefördert.
Mit dem Häufchen, und sorry, mehr ist es wirklich nicht, können die nie und nimmer profitabel arbeiten!
abgesehen davon, halte ich die derzeitige politik von quest sehr fragwürdig und intransparent. der neue R/S war zum beispiel ain der homepage nicht nachzulesen. ich glaube auch nicht, dass der ceo eugene ein betrüger sei, jedoch einer der nicht unbedingt transparent handelt und nicht informieren ist oft halt auch nicht ehrlich handeln. schade ums geld. das papier werde ich aber doch noch beobachten, vielleicht lohnt sich eines tages ein wiedereinstieg.
Habe mich dann mal mit der Thematik Kohle beschäftigt und geschaut, was wirklich große Ressourcen sind ... und die fangen erst bei 1 Mrd Tonnen an!
http://www.sec.gov/Archives/edgar/data/1130126/...19056-07-001197.txt
auszugsweise nur soviel:
" QUEST MINERALS AND MINING CORP.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
SEPTEMBER 30, 2007
NOTE 3 - GOING CONCERN
The accompanying financial statements have been prepared on a going
concern basis, which contemplates the realization of assets and the
satisfaction of liabilities in the normal course of business. The
Company incurred net operating losses of $5,530,115 and $4,434,984 for
the years ended December 31, 2006 and 2005 and had a working capital
deficit of $8,008,768 at December 31, 2006. For the nine months ended
September 30, 2007 the, Company had a net operating loss of $4,554,631.
The working capital deficit as of September 30, 2007 was $7,644,802.
These factors indicate that the Company's continuation as a going
concern is dependent upon its ability to obtain adequate financing.
The Company will require substantial additional funds to finance its
business activities on an ongoing basis and will have a continuing
long-term need to obtain additional financing. The Company's future
capital requirements will depend on numerous factors including, but not
limited to, continued progress developing additional mines and
increasing mine production. Currently, the Company is in the process of
seeking additional funding to achieve its operational goals."
http://biz.yahoo.com/bw/071211/20071211005358.html?.v=1
Villeicht sind sie auch vorher schon Pleite
Mfg
Wollen wir einmal hoffen, dass nun ein starker Partner gefunden wird - der schneller und effektiver die Kohle als GM fördert.
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Form 8-K for QUEST MINERALS & MINING CORP
11-Dec-2007
Termination of a Material Definitive Agreement
Item 1.02 Termination of a Material Definitive Agreement.
On December 10. 2007, our wholly owned subsidiary Gwenco, Inc. notified General Mining LLC of its termination of that certain Coal Mining Agreement dated February 23, 2007. Gwenco terminated the contract because coal cannot be marketed profitably due General Mining's lack of coal production. General Mining LLC will relinquish the mine license to Gwenco as a result of the termination.
Kurs: $0,014
Symbol: qmnm.ob
Name: QUEST MINERALS & MNG (OTC BB:QMNM.OB)
Web: http://finance.yahoo.com/q?s=QMNM.OB
dieser Thread endet hier ... bitte schreibt unter dem neuen Symbol im folgenden Thread weiter:
http://www.ariva.de/QUEST_MINERALS_MNG_Part_2_t313268
und tschüss.
Der Splitt ist doch betrug am Anleger, kann man da nicht gemeinsam eine Sammelklage einreichen um den oberen das Handweek zu legen?