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QMX Gold Corporation V.QMX

QMX Gold Corp is a junior exploration company. It is engaged in mineral exploration and evaluation properties in the province of Quebec. The Company is focusing on the exploration and evaluation of its gold and base metal projects within this region. It is also focused on the Val d'Or mining camp in the Abitibi District of Quebec. It holds the Aurbel property and holds a 100% interest in the VMS properties.


TSXV:QMX - Post by User

Bullboard Posts
Comment by tradingsteveon Oct 07, 2010 10:20pm
729 Views
Post# 17543474

RE: RE: RE: RE: RE: amc help request needed

RE: RE: RE: RE: RE: amc help request neededexactly Bullion.......she topped out a week ago (opened) intra-day at $.28 I think....there's the total run from $.15 ish to $.28....100% profit/"RoI" almost if you did it perfect

there was the run-up to $.20ish then pull-back about 3 weeks ago....then the volume picked up again and it rode up to $.28 and now the news and it's backing down

250k oz is nice, but they need to have closer to 500k oz in P&P to really start a run.....this one is appropriately priced considering it's current P&P and it's outlook.....production of these 250k oz is still years away (if at all).....but this does give them time to do further definition drilling and that will push the SP higher

like i said.....it's not really going anywhere (but maybe down a bit) in the short-term

IMHO

GLTA
Bullboard Posts