Looks like floor is $3.20, with tons of PR to come, this puppy should take a good run!
Only recent PR's were with JV partners.
They're going to time their big PR's when the price of gold heads over $1300!!!
https://www.marketwatch.com/story/goldman-sachs-sees-gold-at-1300-in-six-months-2010-08-12
Check page 34 of presentation to see what's coming down the pipe!
https://www.queenston.ca/investors/pdf/qmi-corporate-presentation.pdfie 34
The Year Ahead 2010
? Advance Upper Beaver, McBean, Anoki and Upper Canada deposits
towards pre-feasibility stage over the next 2 years
Kirkland Lake ($15 million budget, 12 drill rigs, 140,000 m)
? Step-up deep exploration drilling at Upper Beaver, McBean, Anoki, Upper Canada
? Define bulk tonnage potential at Upper Canada
Gauthier Township
Teck Township
? South Claims JV : continue advanced underground exploration with
Kirkland Lake Gold
? AK Property : step-up deep exploration drilling with 2 rigs
? Begin to evaluate Vault properties
: upgrade AK resource and test at depth