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Posted by R.A. on :
 
Hit 52w/l today.

Volume: 2,221,413
Avg Vol (3m): 684,708

Shares Outstanding: 103.38M

Last financials showed improvement.

RSI is at 29.35 and the last time it was that low it bounced back up.

Chart: http://stockcharts.com/h-sc/ui?s=qmmg&p=D&b=5&g=0&id=0
 
Posted by The Phat Man on :
 
i like it, but not for much else than a quickie.
chart tells me, imo, that it'll be hovering around the .01 area for a little while to come. looks to be fairly oversold for now too. a good post for bottom busters fer sure.
looks really good for now. thanks RA
 
Posted by R.A. on :
 
Yep, as you say it's a very short term play.

A quickie.
 
Posted by skip on :
 
There is an s-8 out for 30mil...

http://www.pinksheets.com/quote/print_filings.jsp?url=%2Fredirect.asp%3Ffilename %3D0001019056%252D06%252D000952%252Etxt%26filepath%3D%255C2006%255C09%255C28%255 C&symbol=QMMG

but I still think it might go soon. watch this one.

nice pick r.a.
 
Posted by The Phat Man on :
 
again, it might, but that s-8 is ugly.
way too many 'ifs ands and buts' in it for me.
max value at .02 on the extra 30 mil shares.
certainly seems more dilution inevitable in time.
the pps isn't gonna touch the max. par anytime soon, thus makes me think (again other than a quickie) you're not gonna get more than 20% net on this play and that assumes you have nearly perfect timing.
 
Posted by will on :
 
You might get more than 20% if you can fill between .007 / .008.

Nice discount off of alert.
 
Posted by will on :
 
Have to love the action today, volumes 3 to 4 times averages, price decline of 20%, new 52 week low .008. .019 a month ago lost 60% of it of its value in less than a month.

O/S : As of August 4, 2006, 103,380,145 shares of our common stock were outstanding.

FORM 10 : http://www.pinksheets.com/quote/print_filings.jsp?url=%2Fredirect.asp%3Ffilename %3D0001019056%252D06%252D000887%252Etxt%26filepath%3D%255C2006%255C08%255C21%255 C&symbol=QMMG

Open S8: http://www.pinksheets.com/quote/print_filings.jsp?url=%2Fredirect.asp%3Ffilename %3D0001019056%252D06%252D000952%252Etxt%26filepath%3D%255C2006%255C09%255C28%255 C&symbol=QMMG
30M shares potential dilution. Filed on 9/28/06. 30% diltion, 60% take down, seems overdone ???

Chart : http://stockcharts.com/h-sc/ui?s=QMMG&p=D&yr=0&mn=3&dy=0&id=p66795790317
When posted RSI was 25.4.

RECENT NEWS : http://finance.yahoo.com/q/h?s=QMMG.OB

Has every right to double from .008. Gets a little resistance at .0125 / .013.

Bought at .008 today.
 
Posted by sunny on :
 
well, bid and ask are up..hmm Interesting. Was watching this one. Not in yet...just looking
 
Posted by bb money on :
 
Got my QMMG loaded and ready for the run!!!!!!!
 
Posted by will on :
 
Good job, bb. It will require patience, but that's how it works. If they drop it on its head, don't get scared.

It will behave like UDTT did eventually.
 
Posted by bb money on :
 
Sounds good!
 
Posted by greenman on :
 
quote:
Originally posted by will:
Good job, bb. It will require patience, but that's how it works. If they drop it on its head, don't get scared.

It will behave like UDTT did eventually.

They are dropping it on its head...dang it...its red for me so far...I'm in at .0075
 
Posted by will on :
 
Patience greenie. They're just priming the pump. Trying to buy more at .006
 
Posted by 10of13 on :
 
Getting closer...
 
Posted by skip on :
 
just got filled, all partials...
 
Posted by 10of13 on :
 
needs some bid support..and volume...
Strange how long it takes to get filled...
 
Posted by stocktrader22 on :
 
It took me about 5 minutes to get filled at the ask....weird
 
Posted by skip on :
 
my order filled with all partials, and I like that it is taking longer to get a fill, that is a good sign, IMO...

now let's see ARCA and CLYP move out to the teens...
 
Posted by stocktrader22 on :
 
Damn this is getting hit so hard

holding...
 
Posted by will on :
 
Still have my order in for .006 st22. It's frightening, but I'll gamble at these levels.
 
Posted by greenman on :
 
You may get that fill just yet...
 
Posted by will on :
 
I'm hoping, greenman. Seems they aren't selling at .006.
 
Posted by greenman on :
 
I see some trades at .006...and thats not selling? Your buy must have went through.
 
Posted by skip on :
 
R.A.

you should turn your PM's on buddy...
 
Posted by bb money on :
 
Hopefully a rebound tommorow since the support held at .006.
 
Posted by cactus33 on :
 
looks like it might of hit bottom.

jmho
 
Posted by cactus33 on :
 
this should go, just a matter of when, sellings overdone imo.

jmho
 
Posted by Danny12345 on :
 
damn it cactus, stop pumping the stock(s) that I am in man. Go pump QBIT or something else man.
 
Posted by stocktrader22 on :
 
Looks like bottom was hit at .006

should start moving soon
 
Posted by skip on :
 
she might start moving now...
 
Posted by stocktrader22 on :
 
Yup...I think this looks good!
 
Posted by cactus33 on :
 
well, ARCA is interested on the bid..

jmho..
 
Posted by 10of13 on :
 
Movin' nice...keep er up!
 
Posted by 10of13 on :
 
If we break through .0075...Could be good!!!
 
Posted by skip on :
 
here it goes...
 
Posted by cactus33 on :
 
resistance wall at .0075..

but it may fall, we'll see..

jmho
 
Posted by cactus33 on :
 
wall just got demolished, lol

jmho
 
Posted by 10of13 on :
 
No one bitin' at the 8...may pull back...not quite enough pressure..
 
Posted by skip on :
 
just wait...did the same thing at .0075
 
Posted by 10of13 on :
 
LOL [Eek!]
 
Posted by cactus33 on :
 
now it is getting interesting..

jmho
 
Posted by skip on :
 
just starting IMO...
 
Posted by bb money on :
 
agree with you skip
 
Posted by cactus33 on :
 
ARCA...
 
Posted by GlassCrasher on :
 
ARCA can suck nuts
 
Posted by skip on :
 
ARCA is almost done IMO...when it's really done, then we go...
 
Posted by bb money on :
 
Once ARCA moves out his thing will really fly!
 
Posted by cactus33 on :
 
heating up again..

jmho
 
Posted by cactus33 on :
 
ARCA just killing this everytime it heats up..

jmho
 
Posted by stocktrader22 on :
 
you think this baby has more in it?
 
Posted by sunny on :
 
yep.
 
Posted by bb money on :
 
It hasn't even begun yet!
 
Posted by stocktrader22 on :
 
I think this is setting up for a 2-3 day run! Thanks will for the alert earlier this week, too bad i got in high at .0074 [Frown]
 
Posted by stocktrader22 on :
 
we need some volume here
 
Posted by sunny on :
 
i agree. Watching and waiting.
 
Posted by skip on :
 
http://stockcharts.com/h-sc/ui?s=QMMG&p=D&b=5&g=0&id=p96780870806

This is the chart I was waiting for

SAR dot flipped down signaling a buy and a bullish move

RSI made a bullish cross just above the 30 line

Volume over 10mil

A/D line made a turn up signaling accumulation

loving it right now, just loving it...
 
Posted by will on :
 
Skip, I am not very chart savy. Perhaps, you can help me out, and compare QMMG's chart to USGA's chart right before it made it's monster move from .007, on 10/11/06, to today's HOD of .047, (+571%). See any similarities?
 
Posted by skip on :
 
http://stockcharts.com/h-sc/ui?s=USGA&p=D&yr=0&mn=3&dy=0&id=p25917269056

http://stockcharts.com/h-sc/ui?s=QMMG&p=D&yr=0&mn=3&dy=0&id=p48214679678

There are several ways to compare these 2 stocks. I will stick with a simple comparison from when the runs started. There are striking similarities in the trading days leading up to the runs (example, look at USGA on 10/15 and QMMG on 11/2), but let's keep it fairly simple and focus on the power days...

Here are the similarities that I see...

Notice USGA on 10/31, nice white candle day, big volume, nice gain in PPS, SAR dot flipped down, RSI went REALLY high to almost 70, overbought...

Notice QMMG today, nice white candle day, big volume, nice gain in PPS, SAR dot flipped down, RSI went just slightly above 30. Now, IMO, this is where QMMG has a lot of potential. We had a nice day today, and it's still oversold! The potential here is really nice. Now, we know there is some dilution, so that might have curbed what could have been an even bigger day today.

But, when the D is done, watch out...The market overreacted to the dilution, now let's see it correct itself in a positive way...

all my dumb a ss opinion...
 
Posted by will on :
 
Thought they might have looked alike right before the major move, thanks, Skip. I appreciate you sharing your observations with everyone.

Big difference between someone saying, "the chart looks good", and someone EXPLAINING what one might look for when trying to understand how a chart relates to price movement.
 
Posted by Danny12345 on :
 
Chart looks great. Thnx for explaining it skip.
 
Posted by sunny on :
 
good DD Skip.

I'm ready!
 
Posted by bb money on :
 
The chart is setting up and ready to go!!!
 
Posted by greenman on :
 
QMMG has been added to the naked short list today.
 
Posted by bb money on :
 
Starting to go!!!!!!!!!
 
Posted by skip on :
 
nice...
 
Posted by bb money on :
 
.0098x.0099
 
Posted by bb money on :
 
.099x.01
 
Posted by sunny on :
 
rocking!
 
Posted by sunny on :
 
01/011 now.
 
Posted by Danny12345 on :
 
come on let's get going. I need my dinner [Smile]
 
Posted by sunny on :
 
looking good here!
 
Posted by Danny12345 on :
 
ARCA came back to donate his shares..... any taker? [Smile]
 
Posted by sunny on :
 
.012!
 
Posted by will on :
 
It's a beautiful thing to watch when it works, ain't it ?

will
Member


posted November 01, 2006 15:06
--------------------------------------------------------------------------------
Have to love the action today, volumes 3 to 4 times averages, price decline of 20%, new 52 week low .008. .019 a month ago lost 60% of it of its value in less than a month.

O/S : As of August 4, 2006, 103,380,145 shares of our common stock were outstanding.

FORM 10 : http://www.pinksheets.com/quote/print_filings.jsp?url=%2Fredirect.asp%3Ffilename %3D0001019056%252D06%252D000887%252Etxt%26filepath%3D%255C2006%255C08%255C21%255 C&symbol=QMMG

Open S8: http://www.pinksheets.com/quote/print_filings.jsp?url=%2Fredirect.asp%3Ffilename %3D0001019056%252D06%252D000952%252Etxt%26filepath%3D%255C2006%255C09%255C28%255 C&symbol=QMMG
30M shares potential dilution. Filed on 9/28/06. 30% diltion, 60% take down, seems overdone ???

Chart : http://stockcharts.com/h-sc/ui?s=QMMG&p=D&yr=0&mn=3&dy=0&id=p66795790317
When posted RSI was 25.4.

RECENT NEWS : http://finance.yahoo.com/q/h?s=QMMG.OB

Has every right to double from .008. Gets a little resistance at .0125 / .013.

Bought at .008 today.
 
Posted by sunny on :
 
Excellent day.
 
Posted by sunny on :
 
Come on, WIll...give us another one...LOL

Really, nice job. I sold half earlier and holding the other half for MORE!
 
Posted by stocktrader22 on :
 
Will you are the best man! Wish you would post your picks more often, seems your method works great!
 
Posted by sunny on :
 
013
 
Posted by bilgert on :
 
Strong like bull, tastes like chicken. WOO HOO!
 
Posted by bb money on :
 
Great pick again Will!!!!!!!!!!!!!!!!
 
Posted by greenman on :
 
Looks like a gapper in the morning.
 
Posted by will on :
 
I see you're feeling a little better about QMMG now greenman. Good, I'm happy, I don't like to see you red.

quote:
Originally posted by greenman:
Looks like a gapper in the morning.


 
Posted by OILDOG on :
 
should have another day up!
 
Posted by Danny12345 on :
 
Green is good [Smile]
 
Posted by greenman on :
 
This is jumping around, wont stay consistent. I dont' know what its going to do, but I like the volume. Got some profit takers this am, I am guessing.
 
Posted by greenman on :
 
What, no one else in this?
 
Posted by OILDOG on :
 
Still watching. Thought it had enough strength to continue today. May consolidate a couple days and then move to next resistance at .016-.017 area,or not. Oh well. On radar.May move EOD. [Wink]
 
Posted by will on :
 
It has the jiggles good now !
 
Posted by sunny on :
 
Hey Will!!!!

QMMG moving up again. nice.
 
Posted by The Green Demon on :
 
looks good...
 
Posted by The Green Demon on :
 
got some at .01
 
Posted by before_the_crowd on :
 
Moving baby..
 
Posted by will on :
 
Might be ready again -- .003
 
Posted by skip on :
 
great call again will!

she is ready and breaking out today...

watch it...
 
Posted by skip on :
 
oh yeah!

.0044! up 46%

skip's back! lol
 
Posted by Fuzzy1018 on :
 
wow buys coming in at the ask
 
Posted by will on :
 
Doesn't surprise me. 50% and looking for more.
 
Posted by Fuzzy1018 on :
 
i put in an order of 1 mil at .0045 when it was on the ask. still got half of it to be filled
 
Posted by skip on :
 
up 60%

nice.
 
Posted by skip on :
 
if anyone saw will's post last week, one had plenty opportunity to buy at .003...

I did, thanks will!
 
Posted by Fuzzy1018 on :
 
still a good buy at these levels imo; holding well- hard to get a fill
 
Posted by Fuzzy1018 on :
 
.0043/.0044
 
Posted by Fuzzy1018 on :
 
good buy opp here?
.004/.0041
 
Posted by Fuzzy1018 on :
 
wow they really dropped it
.0035/.0036
 
Posted by Rocketmist on :
 
bought this at 0.0028, i still love the chart, at .0035/.0036 its still pretty sweet and near the rock bottom. I might sell some more at .005ish, the volume is good and its still up for today, still looks good.
 
Posted by THE DUKE on :
 
new to the board glad to be here. is QMMG EVER GOING TO MAKE A COME BACK?? BOUGHT IN TODAY.UP OVER 50% CLOSED DOWN TO 16%. [Confused]
 
Posted by THE DUKE on :
 
WATCH OUT FOR QMMG. HEARING COMPANY TO GET NEW PERMIT TO RESTART MINING [Smile]
 
Posted by Rocketmist on :
 
Yeah, I still like my positions on this, it is having a small run late day now.
 
Posted by Rocketmist on :
 
Yeah, the small run is turning into a pretty nice run, up 20% today. I like this stock right about now, its looking nice.
 
Posted by Rocketmist on :
 
All green, nice late day run, bravo qmmg
 
Posted by THE DUKE on :
 
QMMG had nice run eod. looking for it to gap and upward move today. new permitts on the way (imo) [Big Grin]
 
Posted by Fuzzy1018 on :
 
keep an eye on this one today
 
Posted by Fuzzy1018 on :
 
.0044/.0045
 
Posted by Fuzzy1018 on :
 
.0042/.0044
nice volume this morning
 
Posted by Fuzzy1018 on :
 
.0044/.0045 now
 
Posted by Fuzzy1018 on :
 
bid building .0045/.0047
 
Posted by Fuzzy1018 on :
 
pickin' up some steam now
.0046/.0047
 
Posted by Fuzzy1018 on :
 
49/49 now
 
Posted by Fuzzy1018 on :
 
49/50
50 getting hit
 
Posted by Fuzzy1018 on :
 
50 gone
52/53 real thin now
 
Posted by Fuzzy1018 on :
 
53/54
 
Posted by Fuzzy1018 on :
 
54/54
 
Posted by cactus33 on :
 
doing better than i thought.. nice one.
 
Posted by Fuzzy1018 on :
 
definatly running nicely, news due?
 
Posted by Fuzzy1018 on :
 
now HOD now 56
 
Posted by Fuzzy1018 on :
 
54/56
 
Posted by Fuzzy1018 on :
 
56/56
 
Posted by Fuzzy1018 on :
 
56 getting hit hard
 
Posted by Fuzzy1018 on :
 
52/55
 
Posted by Fuzzy1018 on :
 
52/55
 
Posted by Fuzzy1018 on :
 
49/50
good buying opp here imo
 
Posted by THE DUKE on :
 
Qmmg news soon high should hit in 60's.(imo) [Smile]
 
Posted by THE DUKE on :
 
Qmmg startin it's upward move

Qmmg starting it's upward move
 
Posted by Fuzzy1018 on :
 
moving up again, agree it should go into 60's today, real thin ask
 
Posted by Fuzzy1018 on :
 
56/57
 
Posted by Rocketmist on :
 
I like my investment of 28 right now, too bad I only bought 135k shares.
 
Posted by Fuzzy1018 on :
 
u doubled though which is great. looking good some more buying pressure and this will go through the roof, comon show me a new hod
 
Posted by Rocketmist on :
 
how high do you think this baby can go if the news come out?
 
Posted by Fuzzy1018 on :
 
over a penny easily imo
 
Posted by Fuzzy1018 on :
 
54/55
 
Posted by Rocketmist on :
 
Yeah, I have my limit order set at a penny in case the news come out while im gone. That would be pretty nice.
 
Posted by Fuzzy1018 on :
 
55 getting hit for quiet a bit
 
Posted by Fuzzy1018 on :
 
very strong close at HOD
 
Posted by THE DUKE on :
 
Gap up in the 60's for sure. Company gotta be ready to release blockbuster news. (imo) [Big Grin]
 
Posted by Fuzzy1018 on :
 
agree, going up in anticipation of something big
 
Posted by THE DUKE on :
 
Qmmg strong close i agree also. should have closed
in the 60's with news (imo)coming.do the DD
 
Posted by THE DUKE on :
 
Looking for News in the morning i hope. should run
to aleast touching the 70's.(imo)
 
Posted by THE DUKE on :
 
Qmmg ready to go this morning [Smile]
 
Posted by Fuzzy1018 on :
 
Good morning all,
keep an eye on this one today, could be good
56/57
 
Posted by Fuzzy1018 on :
 
nice open at 58
 
Posted by Fuzzy1018 on :
 
58/59
 
Posted by Fuzzy1018 on :
 
wow nice volume this morning
 
Posted by Fuzzy1018 on :
 
59/60
lets break that 60
 
Posted by Fuzzy1018 on :
 
60/63 now
moving nicly
 
Posted by THE DUKE on :
 
I told ya I told ya!! [Cool]
 
Posted by Fuzzy1018 on :
 
this one going to a penny today
 
Posted by will on :
 
will
Member

posted January 05, 2007 16:33
--------------------------------------------------------------------------------
Might be ready again -- .003

Only 260% since that alert.
 
Posted by THE DUKE on :
 
hello fuzzy i believe you are right. by the way
take a look at ETIM it's next.(imo) [Big Grin]
 
Posted by bilgert on :
 
Great call again, will.
 
Posted by Fuzzy1018 on :
 
real hard to get filled, i chased for more shares from the 6's to 7's on ask - kept moving up on me
 
Posted by Fuzzy1018 on :
 
dip after i picked some at 75 lolz, not worried though it will go bck up imo
 
Posted by skip on :
 
quote:
Originally posted by will:
will
Member

posted January 05, 2007 16:33
--------------------------------------------------------------------------------
Might be ready again -- .003

Only 260% since that alert.

this one has been nice twice, thanks will...
 
Posted by Fuzzy1018 on :
 
72/75
 
Posted by Fuzzy1018 on :
 
not many fills below 75 on dip
75/76 now
 
Posted by Fuzzy1018 on :
 
going for 8's
76/80
 
Posted by Fuzzy1018 on :
 
79/80
absolutaly no fills at bid
 
Posted by Fuzzy1018 on :
 
80 getting hit now
 
Posted by Fuzzy1018 on :
 
82/83
real thin
 
Posted by Fuzzy1018 on :
 
83/84
 
Posted by Fuzzy1018 on :
 
87/88
 
Posted by Fuzzy1018 on :
 
nice buy opportunity here imo
 
Posted by Fuzzy1018 on :
 
77/80
 
Posted by Fuzzy1018 on :
 
80/81
 
Posted by Fuzzy1018 on :
 
77/81, slow lunch time- will go after imo
 
Posted by Fuzzy1018 on :
 
77/80
 
Posted by Fuzzy1018 on :
 
80 getting hit; penny today?
 
Posted by Fuzzy1018 on :
 
volume has slowed down compared to before lunch
 
Posted by Fuzzy1018 on :
 
78/80
 
Posted by Fuzzy1018 on :
 
no fills at bid, have to try the ask to get in
 
Posted by Fuzzy1018 on :
 
about to break 80
79/80
 
Posted by Fuzzy1018 on :
 
there we go, broke that 80 finally
real thin now 80/81
 
Posted by Rocketmist on :
 
looks like we hit a temporary barrier at 80, not like I can compain with the run we are having today
 
Posted by Rocketmist on :
 
I feel like I should take some off the table at this point since I bought at 0.0028, but all signs look like this baby is going higher. Increase in volume and everything.
 
Posted by Fuzzy1018 on :
 
this will go higher next week imo, especially if we get hit with a pr.
added 600k *.0075 more to my postion today, lets see how it works out
 
Posted by Rocketmist on :
 
looks like some people are taking profits, pushed down to 76
 
Posted by skip on :
 
don't get greedy here guys, at least protect your principle investment and ride free.

Me? I would sell it all not look back...
 
Posted by Fuzzy1018 on :
 
yea, because its friday. next week should be fun
 
Posted by Fuzzy1018 on :
 
I'm staying in, things are looking good. increased volume, upward movement without any news, bounced from bottom. I feel some news maybe coming so staying in
 
Posted by Rocketmist on :
 
this might be a little to risky for me though, I feel this could go up 50% or go down 50% and currently i got 1/3 of my account positions in this stock since im playing with only like 2,000 dollars. Im going to take some out at least, im pretty sure this will still go up the way its trading now tho.
 
Posted by Fuzzy1018 on :
 
rocket, nothing wrong with protecting your capital. If you selling do sell at the ask
76/77 now
 
Posted by Fuzzy1018 on :
 
Good luck to you in your future trading
 
Posted by Rocketmist on :
 
looking back, that was a pretty amazing 5 day run. nice way to start off 2005
 
Posted by Rocketmist on :
 
yeah, ill be hanging around these forums, im up 70% since I joined them 5 days ago lol.
 
Posted by bb money on :
 
Rocket i believe you are 2 years off it is 2007 now. [Smile]
 
Posted by skip on :
 
quote:
Originally posted by Rocketmist:
looking back, that was a pretty amazing 5 day run. nice way to start off 2005

It's going to be a sh!tty 2007 if you don't take some profit here... [Wink]
 
Posted by Fuzzy1018 on :
 
its ready to go again, need some buy pressure
 
Posted by Rocketmist on :
 
haha, yeah I took some profit here, and thanks for correcting me, I mean 2007 [Smile]
 
Posted by Fuzzy1018 on :
 
up to .008 again and then a bidwhack
 
Posted by Fuzzy1018 on :
 
79/80 again
 
Posted by Fuzzy1018 on :
 
nice close, considering its friday before 3days weekend
 
Posted by Fuzzy1018 on :
 
quote:
Originally posted by Fuzzy1018:
I'm staying in, things are looking good. increased volume, upward movement without any news, bounced from bottom. I feel some news maybe coming so staying in


 
Posted by Fuzzy1018 on :
 
HUGE NEWS WOW

QMMG (.008) Receives Permit to Mine Coal at Pond Creek Mine
Friday January 12, 4:45 pm ET


PATERSON, N.J.--(BUSINESS WIRE)--Quest Minerals & Mining Corp. (OTCBB: QMMG - News; Frankfurt: QMN.F - News), a Kentucky based operator of energy and mineral related properties, today announced that it has received a permit from the Kentucky Department of Natural Resources to conduct coal mining at its Pond Creek Mine at Slater's Branch, Kentucky. The mining permit is held by Quest's wholly-owned subsidiary, Gwenco, Inc., and allows Gwenco to recommence mining operations at the Pond Creek Mine.
ADVERTISEMENT


Eugene Chiaramonte, Jr., President of Quest, stated, "We are very pleased that we have received the required mining permits, which allow us to recommence mining operations at our Pond Creek mine at Slater's Branch. We believe that obtaining this permit is perhaps the most significant step we have taken in our efforts to start mining again.

"We now intend to complete the rehabilitation of the mine, including pumping the mine free of water and taking other steps necessary for the mine to be ready for operation."

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.questminerals.com.

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.


Contact:
Quest Minerals & Mining Corp.
Eugene Chiaramonte, Jr., 973-684-0035
 
Posted by cactus33 on :
 
yep, typical eugene.. runner right before news..

good luck, just watch for the dump, i could always be wrong, but ive followed this guy for a year now.. same old BS..

jmho
 
Posted by R.A. on :
 
This one is hot and ready to go this week IMO.
 
Posted by a surfer on :
 
.011x.015 2x1
 
Posted by a surfer on :
 
Quest Minerals & Mining's Subsidiary, Gwenco, Receives Permit to Mine Coal at Pond Creek Mine
Tuesday January 16, 9:10 am ET


PATERSON, N.J.--(BUSINESS WIRE)--Quest Minerals & Mining Corp. (OTCBB: QMMG - News; Frankfurt: QMN.F - News), a Kentucky based operator of energy and mineral related properties, today announced that it has received a permit from the Kentucky Department of Natural Resources to conduct coal mining at its Pond Creek Mine at Slater's Branch, Kentucky. The mining permit is held by Quest's wholly-owned subsidiary, Gwenco, Inc., and allows Gwenco to recommence mining operations at the Pond Creek Mine.
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Eugene Chiaramonte, Jr., President of Quest, stated, "We are very pleased that we have received the required mining permits, which allow us to recommence mining operations at our Pond Creek mine at Slater's Branch. We believe that obtaining this permit is perhaps the most significant step we have taken in our efforts to start mining again.

"We now intend to complete the rehabilitation of the mine, including pumping the mine free of water and taking other steps necessary for the mine to be ready for operation."

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. At the present time, Quest has twelve million tons in reserves and nine million proven on the Gwenco properties. For more information on Quest Minerals & Mining Corp., please visit our website at www.questminerals.com.

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.


Contact:
Quest Minerals & Mining Corp.
Eugene Chiaramonte, Jr., 973-684-0035

--------------------------------------------------------------------------------
Source: Quest Minerals & Mining Corp.
 
Posted by Fuzzy1018 on :
 
I just knew this will be huge, no resistance till .02
 
Posted by Fuzzy1018 on :
 
.0112/./0115
 
Posted by Fuzzy1018 on :
 
.0117/.0118 now
 
Posted by Fuzzy1018 on :
 
nice open
 
Posted by Fuzzy1018 on :
 
man look at the volume today
 
Posted by Fuzzy1018 on :
 
wow .013/.0129
 
Posted by KP on :
 
are you in this fuzzy1018?
 
Posted by Fuzzy1018 on :
 
ohh hell yea, picked up more in the 12's
 
Posted by KP on :
 
I got in * .0125
 
Posted by KP on :
 
this thing is about to fly!
Resistance at .0135 is gone.
 
Posted by Fuzzy1018 on :
 
.02 very soon imo
 
Posted by Fuzzy1018 on :
 
.014/0142
 
Posted by Fuzzy1018 on :
 
good entry point here imo
13/132
 
Posted by KP on :
 
yea it is. Seems like there is alot of resotance at the .014's.
 
Posted by KP on :
 
"resotance"
Resonance??
(sic)resistance

Having another snow covered morning in Seattle!
 
Posted by Fuzzy1018 on :
 
its about to go
 
Posted by JBURNS on :
 
Fuzzy, don't you think it will come back down and fill that huge gap from this morning?
 
Posted by Average Joe on :
 
Back to its HOD. Really running well right now.
 
Posted by Fuzzy1018 on :
 
No, I don't think that gap will be filled because it's real hard to get a fill, and everytime there's a small dip, there is more buying pressure to shoot it right back up
 
Posted by Fuzzy1018 on :
 
running, .0143/.0144
 
Posted by JBURNS on :
 
It does look really strong, tried to get filled at .014 and couldn't.
 
Posted by Fuzzy1018 on :
 
told ya, I have been buying from .004 levels, and every time i bought i had to buy at ask or above
.0144/0145 now, lets get a new HOD
 
Posted by Fuzzy1018 on :
 
there we go, new HOD .0148 and going
 
Posted by Fuzzy1018 on :
 
.014/.0145 now; should be fun after lunch. Holding for atleast .02
 
Posted by cactus33 on :
 
whoa chit.. i was wrong how far this would run.. great one.

jmho
 
Posted by Fuzzy1018 on :
 
l2's real thin after .015
 
Posted by Fuzzy1018 on :
 
real strong, moving up durning lunch
.0147/.0148
 
Posted by Fuzzy1018 on :
 
Posted by: jasc73
In reply to: BR549 who wrote msg# 435 Date:1/16/2007 11:52:57 AM
Post #of 449

BR - According to that, we're looking at just over $300MM in revs waiting for us in Pond Creek. Nice.


Jan 16, 2007 (M2 PRESSWIRE via COMTEX) -- Quest Minerals & Mining Corp., or Quest, (OTC BB:QMMG) 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. At the present time, Quest has twelve million tons in reserves and nine million proven on the Gwenco properties. For more information on Quest Minerals & Mining Corp., please visit our website at www.questminerals.com.
 
Posted by skip on :
 
quote:
Originally posted by KP:
"resotance"
Resonance??
(sic)resistance

Having another snow covered morning in Seattle!

ha! I am in Seattle too, glad I didn't have to go to work today. Folks can't drive on the snow around here.

BTW, good job to those that saw this run out. I wouldn't get greedy though...
 
Posted by Fuzzy1018 on :
 
looks real strong
 
Posted by Fuzzy1018 on :
 
.0148 getting for a quite a bit now, need to break .015
 
Posted by Fuzzy1018 on :
 
.0144/.0145
 
Posted by Fuzzy1018 on :
 
dip, good buy opp imo before eod
 
Posted by Fuzzy1018 on :
 
.014/.0145
little more buying pressure and this will go higher imo
 
Posted by KP on :
 
I may hold for tomorrow
 
Posted by Fuzzy1018 on :
 
another order in at .014 for 360k; its sitting there for about 10mnts now and no fill yet
 
Posted by BooDog on :
 
Sure passed my target.

Congrats people!
 
Posted by Fuzzy1018 on :
 
this seems like, it'll go furter into the .02's. real hard to get filled here
 
Posted by KP on :
 
With the good news today, it has another day in it.
 
Posted by KP on :
 
quote:
Originally posted by Fuzzy1018:
this seems like, it'll go furter into the .02's. real hard to get filled here

very bullish signal [Smile] IMO
 
Posted by Fuzzy1018 on :
 
yes, i'm holding and adding. gapper tom. am imo
 
Posted by Fuzzy1018 on :
 
at HOD again, looking to break it this time
 
Posted by KP on :
 
I was about to say.... [Smile]
 
Posted by Fuzzy1018 on :
 
.0152/.015
 
Posted by Fuzzy1018 on :
 
told ya, real thin after .015 [Wink]
 
Posted by KP on :
 
Im pulling the trigger at 02
 
Posted by moosehead9nc on :
 
big push in the end, glad i filled at .0145 took 10 mins though
 
Posted by Fuzzy1018 on :
 
i didnt get filled for more, may have to pick some here lol. definatly a gapper tom.
 
Posted by KP on :
 
what do you think fuzz, tomorrow a gap up again?
 
Posted by Fuzzy1018 on :
 
what you think KP, all signs saying gap uppp
 
Posted by KP on :
 
MACD is just crossing over..ACCM is very positive, news today, holding the 5 MA and 10 MA, as well as the 32 and 50 (very strong bullish signal) trendline has been completely severed a few days ago
http://stockcharts.com/charts/gallery.html?QMMG
daily PPO has already crossed but weekly has just begun
Buying pressure on the CMF is heavy and bringing into positive reange,

Yes I am holding till tomorrow. [Smile]
 
Posted by KP on :
 
Oh i forgot to mention that the SLO stochastics is nowhere near a sell point
 
Posted by KP on :
 
They are dipping down...good time to buy again...shaking off the shorts I presume....oh wait that's me again. [Smile]
 
Posted by Fuzzy1018 on :
 
.0155 - good time to pick up more?
 
Posted by KP on :
 
I am not
 
Posted by KP on :
 
quote:
Originally posted by Fuzzy1018:
.0155 - good time to pick up more?

Some people do that on the way up, I don't recommend it. I never do, what's the point in avering up?
 
Posted by Fuzzy1018 on :
 
i have cash right now, want to put it somewhere. this seems to be the best bet right now, i want to be really loaded for tom's gap in case it gaps. Plus it seems as if it'll go higher today
 
Posted by Fuzzy1018 on :
 
ahh man, didnt get filled. .016/.017 now
 
Posted by Fuzzy1018 on :
 
this is insane .017/.0175
 
Posted by KP on :
 
i would wade it out
 
Posted by Fuzzy1018 on :
 
this will be huge gapper imo
 
Posted by KP on :
 
It appears so [Smile]
 
Posted by KP on :
 
This stock is hot! This news may put this one past its resistance levels. The next rest is at .02 but it is pretty thin IMO.
 
Posted by Fuzzy1018 on :
 
order in for 294k, at .017 - not filling
 
Posted by fryyguyy on :
 
Looking good KP and Fuzzy. Got in at .011 and glad I did.
 
Posted by Fuzzy1018 on :
 
it skipped again
 
Posted by KP on :
 
looks like you just filled
 
Posted by fryyguyy on :
 
NEW HOD
 
Posted by Fuzzy1018 on :
 
didn't, still sitting there
 
Posted by THE_YAK on :
 
=], closing very strong, should get a new HOD before close
 
Posted by KP on :
 
what do you have now? I only got 100k
Playing it safe [Smile]
 
Posted by fryyguyy on :
 
QMMG and FCCN are treating me very well here.
 
Posted by Fuzzy1018 on :
 
i have 970k
 
Posted by KP on :
 
Looking at the past couple of years, we have heavy resistance at .025 and then it is pretty thin till around .10...just by glancing at the chart. Tomorrow is definatly a gapper up IMO
 
Posted by a surfer on :
 
going crazy now! wow shoulda bought... oh well can't have em all
 
Posted by Fuzzy1018 on :
 
can we say .02 today?
 
Posted by THE_YAK on :
 
i expect a new HOD at 0.02 before close, couple more buys and its on, very thin. If not, its already up 144%
 
Posted by THE_YAK on :
 
nice close, should gap in the am
 
Posted by fryyguyy on :
 
It will open above .02 tomorrow.
 
Posted by Fuzzy1018 on :
 
wow almost
 
Posted by KP on :
 
that was very close
 
Posted by Fuzzy1018 on :
 
.0195 and a big gapper
 
Posted by KP on :
 
Tomorrow should be nice [Smile]
 
Posted by bilgert on :
 
great call will!
 
Posted by KP on :
 
yes. great call, I just wish I would have got in down where most everyone did. But I am already at 100% so whatever tomorrow brings, I am content.
 
Posted by Average Joe on :
 
At .02/.021
 
Posted by SherriT on :
 
.023/.024 now
 
Posted by Fuzzy1018 on :
 
there is no stopping this one
 
Posted by Fuzzy1018 on :
 
I'm out
 
Posted by KP on :
 
This thing is gonna keep rocking through the day
 
Posted by Fuzzy1018 on :
 
I'm still watching will jump in on a dip
 
Posted by SherriT on :
 
The weekly is nearing a centerline cross on the MACD....FWIW
 
Posted by SherriT on :
 
The gap is about to be filled so it can turn north again...come on Fuzzy! [Big Grin]
 
Posted by KP on :
 
I think the gap has been filled :0
 
Posted by Fuzzy1018 on :
 
right now i have an order in at .02 and .0205 lolz
250k each
 
Posted by KP on :
 
quote:
Originally posted by Fuzzy1018:
right now i have an order in at .02 and .0205 lolz
250k each

Gonna catch the tiger by the tail, eh?
 
Posted by Fuzzy1018 on :
 
no fills
 
Posted by SherriT on :
 
I wish I had more to put in it [Frown]

Oh well, if I play this one good, I will have learned a lesson worth a lot more....

BTW: I know this may be asking a lot, but if you see what you consider a good sell point, would you share? I won't necessarily sell, but I want to see what the chart looks like....TY!
 
Posted by KP on :
 
the wall is thinning
 
Posted by Fuzzy1018 on :
 
I'm gana wait, 5 straight green days. should come down today imo
 
Posted by Fuzzy1018 on :
 
I'm not in anymore, but I would sell as soon as buying pressure slows down
 
Posted by KP on :
 
wil do...it is getting close
 
Posted by SherriT on :
 
quote:
Originally posted by KP:
wil do...it is getting close

Close to the wall breaking or close to a sell point?
 
Posted by KP on :
 
both
 
Posted by KP on :
 
quote:
Originally posted by SherriT:
quote:
Originally posted by KP:
wil do...it is getting close

Close to the wall breaking or close to a sell point?
Check out the Slo Stochastics...you see how the red line is getting very close and about to cross over the black...that is a sell point. Too much selling here not enough buying. Price will inevitably trickle down. This stock came from .003 so it has lost the majority of its steam. I went out at .022 tih an 84% profit. I am happy.
 
Posted by RWGATORBLUE on :
 
Played it for a few hundred profit yesterday.
 
Posted by Fuzzy1018 on :
 
agree, may drop as it went up 5 strait days
 
Posted by SherriT on :
 
Out at .0222 - thanks for the help, guys!
 
Posted by Fuzzy1018 on :
 
looks like i bought ur shares, little more than 270k
 
Posted by Fuzzy1018 on :
 
was trying to buy at .022 for a while, but nothing so just picked up some at .0222 lets see
 
Posted by Fuzzy1018 on :
 
imagine we get another pr about the expected revenues from pond creek.
 
Posted by KP on :
 
http://biz.yahoo.com/bw/070116/20070116005204.html?.v=1

something like that?
 
Posted by Fuzzy1018 on :
 
.021/.022
 
Posted by Fuzzy1018 on :
 
good entry point here imo, if it fills
 
Posted by Fuzzy1018 on :
 
it dips after i buy lol. will go bck up imo, looking to add more
 
Posted by Fuzzy1018 on :
 
picked up 320k more at .02, out of ammo for now
 
Posted by KP on :
 
I am spread too thin..wish I could. GL
 
Posted by Fuzzy1018 on :
 
.02/.0209 now, about to go
 
Posted by Fuzzy1018 on :
 
nice buys at .02
 
Posted by Fuzzy1018 on :
 
red! being pushed down
 
Posted by Fuzzy1018 on :
 
panic selling
 
Posted by IMAKEMONEY on :
 
.0174 [Eek!] [Eek!] [Eek!] [Eek!] [Eek!] [Eek!]
 
Posted by Fuzzy1018 on :
 
it'll go back up imo
 
Posted by Fuzzy1018 on :
 
holding all my shares, lets see
 
Posted by hedfe on :
 
too far above upper bollinger band, going down [Big Grin]
 
Posted by IMAKEMONEY on :
 
.0160 [Eek!] [Eek!] [Eek!] [Eek!] [Eek!] [Eek!]
 
Posted by Fuzzy1018 on :
 
better watch out above, real thin
 
Posted by Fuzzy1018 on :
 
.0179/.018
 
Posted by hedfe on :
 
back to .018 all over the place looks interesting
 
Posted by Fuzzy1018 on :
 
hard to get filled even at ask
 
Posted by IMAKEMONEY on :
 
STILL RED BUT GOING THE RIGHT WAY? .0180 JUST WATCHING HERE. [Eek!]
 
Posted by Fuzzy1018 on :
 
some suckers fell for the dip and sold, probably trying to get back in now
 
Posted by Fuzzy1018 on :
 
back to even
..0186/019
 
Posted by Fuzzy1018 on :
 
.019/.0195 green!
 
Posted by Fuzzy1018 on :
 
.019/.0199
 
Posted by Fuzzy1018 on :
 
.0195/.0199, lets go above .02 ?
 
Posted by IMAKEMONEY on :
 
GREAT FLIP OP, BUT WILL SHE HOLD FUZZY? BIG BUYS AT THE LOW AND NOW SMALL BUYS ON THE WAY UP,HMM
 
Posted by Fuzzy1018 on :
 
should be fun after lunch, alot of buying pressure
 
Posted by Fuzzy1018 on :
 
is not small buys, its partial fills
 
Posted by Fuzzy1018 on :
 
last time there was this kind of buying pressure, company released a pr ah
 
Posted by Fuzzy1018 on :
 
and then next morning it gapped up more than 50%
 
Posted by Fuzzy1018 on :
 
.019/.0195
 
Posted by Fuzzy1018 on :
 
lunch time over
 
Posted by Fuzzy1018 on :
 
18/19
 
Posted by Fuzzy1018 on :
 
.0185/.0188
 
Posted by Fuzzy1018 on :
 
slowed down a bit,may go with some buys
 
Posted by Fuzzy1018 on :
 
ARCA holding it down, sitting at .0188
 
Posted by Fuzzy1018 on :
 
volume dried up
 
Posted by Fuzzy1018 on :
 
.0188 getting hit now
 
Posted by Fuzzy1018 on :
 
last half hour, .0173/.018
 
Posted by TruthLiesWithin on :
 
Thanks KP.
 
Posted by Fuzzy1018 on :
 
more news should be coming, holding for higher levels
 
Posted by KP on :
 
quote:
Originally posted by TruthLiesWithin:
Thanks KP.

fuggedaboutit
[Smile]
 
Posted by Fuzzy1018 on :
 
keep an eye on this one, may run
 
Posted by Fuzzy1018 on :
 
wow they dropped in on slow volume
.0134/.0136
 
Posted by KP on :
 
yea I saw..it is taking a dump
 
Posted by Fuzzy1018 on :
 
should bounce, .0124/.0125
 
Posted by Tre on :
 
In * .0147 and now dupming. GEEEZ! Now to the board and already I feel a connection to the other holders of these pennies!
 
Posted by Average Joe on :
 
Don't forget guys, this started its run at .003 on 1/8 before yesterday's high of .024. That's a gain of 700% !! This is heavy profit taking for those who got in early off the volume alert. Let the sellers shake out. This will run again with another PR/news release .... imho
 
Posted by Fuzzy1018 on :
 
agree, .013/.0129 Bid higher than ask nice
 
Posted by JBURNS on :
 
I just picked up some more at .0129, looking primed for a bounce to me.
 
Posted by KP on :
 
This company had some really good news about the Pond Creek Mine. This run could be continuous for some time. The Slow Stochastics is curivng downwards signaling another buy point. I think it is going to test the resistance level .025 IMO When it does cross, I will get into it again. A day or two.
 
Posted by Tre on :
 
In * .0147 and now dupming. GEEEZ! New to the board and already I feel a connection to the other holders of these pennies!
 
Posted by JBURNS on :
 
yeah, you said that already
 
Posted by Tre on :
 
Yeah...Sorry for the double post.
 
Posted by JBURNS on :
 
OT:Just giving you a hard time, I realize you were correcting your original post.

----

So it looks like we've stabalized around .013-.014

IMHO a good place to buy some more in anticipation of more good things to come from this company.
 
Posted by JBURNS on :
 
Ok, anyone care to predict what's going to happen today?
 
Posted by Fuzzy1018 on :
 
looking strong, nice volume
.0125/.013 sellers out imo
 
Posted by Fuzzy1018 on :
 
last price .0121 since 1pm
b/a at .0128/.013 not filling
why?
 
Posted by KP on :
 
If it wasn't for this stock, I would have had a bad week.
 
Posted by JBURNS on :
 
Wow, up 44% today!!!
 
Posted by Fuzzy1018 on :
 
its running hard like last time, i wouldn't be surprised if it goes over .02 again
.0136/.014
 
Posted by Fuzzy1018 on :
 
.0137/.0145
 
Posted by Fuzzy1018 on :
 
good time to pick up some ?
.0135/.0136
 
Posted by Fuzzy1018 on :
 
last time it ran like this without any news, news came out after hours following a more than 50% gap up in the am. maybe news coming?
 
Posted by Fuzzy1018 on :
 
chart's looking very bullish; buy confirmed on *************
 
Posted by Fuzzy1018 on :
 
.0122/.013 now; will have good run in near future imo. Keep in watch
 
Posted by Fuzzy1018 on :
 
good volume, .0124/.0125
 
Posted by TruthLiesWithin on :
 
So are we long and forgotten?

Bush's speech adding, clean burning coal, does that apply here?

I think it should be watched awhile longer...
 
Posted by Fuzzy1018 on :
 
this one is about to go, keep in watch
 
Posted by Fuzzy1018 on :
 
.011/.0115
 
Posted by JBURNS on :
 
Anyone heard any rumors of news to come soon?
 
Posted by Fuzzy1018 on :
 
yea, according to Eugene. We should get something this week
 
Posted by JBURNS on :
 
Good, let's hope it runs like last time.
 
Posted by Fuzzy1018 on :
 
its turning nicely, may go
 
Posted by JBURNS on :
 
yeah, looking good this afternoon. Maybe that news will come soon?
 
Posted by Fuzzy1018 on :
 
watch for increase in volume, that will give a good sign of news coming and buying in anticipation
 
Posted by Fuzzy1018 on :
 
.0099/.01 now
 
Posted by TruthLiesWithin on :
 
Bush, clean burning coal, that's all that matters.
 
Posted by a surfer on :
 
http://knobias.10kwizard.com/filing.php?repo=tenk&ipage=4626873&doc=1&total=&bac k=2&g=&attach=on


8K
 
Posted by Fuzzy1018 on :
 
nice
 
Posted by JBURNS on :
 
News is out!!!

Press Release Source: Quest Minerals & Mining Corp.


Quest Minerals & Mining Completes Mine Plan and Maps
Thursday February 1, 6:30 am ET


PATERSON, N.J.--(BUSINESS WIRE)--Quest Minerals & Mining Corp. (OTCBB: QMMG - News; Frankfurt: QMN.F - News), a Kentucky based operator of energy and mineral related properties, today announced that its engineering firm, Alchemy Engineering of Prestonsburg, Kentucky, has completed the one and five year mine plan and maps required by the Kentucky Department of Mines and Minerals in connection with its permit to conduct coal mining at its Pond Creek Mine at Slater's Branch, Kentucky. The mining permit is held by Quest's wholly-owned subsidiary, Gwenco, Inc., and allows Gwenco to recommence mining operations at the Pond Creek Mine.

With the necessary issued mine permit and the required maps and plan, Quest intends to immediately engage a contractor to recommence mining production by the middle of March, 2007. Gary Ousley, President of Alchemy Engineering, states, "The base data provided by TEE Engineering of Stanville, Kentucky, and the recommended mine plan by the contractor, are sound and solid. This plan opens up additional adjacent acreage that might increase reserves by leading to old Massey works." Gwenco currently leases over 600 acres of coal mines that have approximately 12,999,000 tons of coal; 9,000,000 of which are proven reserves.

Eugene Chiaramonte, Jr., President of Quest, stated, "While coal prices have recently declined, the coal at the Pond Creek mine has inherently lower sulfur, making it a more valuable commodity due to its blending capabilities."

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.


Contact:
Quest Minerals & Mining Corp.
Eugene Chiaramonte, Jr., 973-684-0035

--------------------------------------------------------------------------------
Source: Quest Minerals & Mining Corp.
 
Posted by JBURNS on :
 
Sounds good, mining starts in about 6 weeks and 10's to 100's of millions of dollars in coal.
 
Posted by JBURNS on :
 
If they have 9M to 13M tons of coal at an estimated price per ton of $45, That equals $405M to 585M dollars in revenues at the current price.


Source for coal prices.

http://www.eia.doe.gov/cneaf/coal/page/coalnews/coalmar.html
 
Posted by JBURNS on :
 
gapping up this morning .0098/.01
 
Posted by JBURNS on :
 
up to .012 this morning and looking strong.
 
Posted by Fuzzy1018 on :
 
news coming?
.011/.012
 
Posted by Fuzzy1018 on :
 
.012/.012 now
 
Posted by Fuzzy1018 on :
 
.012/.0125
 
Posted by Fuzzy1018 on :
 
wow this one is real thin, something big coming imo; moving up in anticipation
 
Posted by JBURNS on :
 
looking good fuzzy, .013/.014 now,

news already out this morning, you thinking maybe more news coming?
 
Posted by Fuzzy1018 on :
 
yea, can't wait for the news to hit
 
Posted by Fuzzy1018 on :
 
oh i missed the news this morning
 
Posted by Fuzzy1018 on :
 
price of a coal tonne can go up to $47 wow
 
Posted by Fuzzy1018 on :
 
do the calculation people; this is a big news
 
Posted by Fuzzy1018 on :
 
no fills even above the bid
 
Posted by JBURNS on :
 
Yeah we're talking about $400-500 Million worth of coal.
 
Posted by Fuzzy1018 on :
 
yes, 9M to 13M tons of coal. At $47 dollars a ton for low sulfer coal, we're talking about $400 to 600 Million worth of coal!
 
Posted by Fuzzy1018 on :
 
we are way undervalued at these levels
.0114/.0139
MM's trying a big spread to hold it down imo
 
Posted by JBURNS on :
 
closing the spread now .013/.0139
 
Posted by Fuzzy1018 on :
 
this company is going from almost 0 revenues to millions; will be huge
.0135/.0139
 
Posted by jdiddy on :
 
havent been paying much attention

safe to enter at .0135?
 
Posted by Fuzzy1018 on :
 
i would say so, but not sure if you'll get a fill
 
Posted by Fuzzy1018 on :
 
.0138/.0139
 
Posted by Fuzzy1018 on :
 
we need to break that .0139, the we can break out to .02
 
Posted by JBURNS on :
 
Volume up almost 350% so far today, and price up 53% and still moving.
 
Posted by Fuzzy1018 on :
 
i'm sittin at .0138 for a while but no fill
 
Posted by Fuzzy1018 on :
 
got a partial fill now
 
Posted by Fuzzy1018 on :
 
i'm in
 
Posted by JBURNS on :
 
Looks like some profit taking now. I beleive we will see another run this afternoon, and maybe continuing into tomorrow morning, IMO.
 
Posted by Fuzzy1018 on :
 
.0127/.013; will go back up soon
 
Posted by JBURNS on :
 
I don't think everyone has realized how good this news was today. $400-600 million in revenues from this coal, thats huge!
 
Posted by jdiddy on :
 
im in at .0127
 
Posted by Fuzzy1018 on :
 
welcome aboard, real thin L2's on this one little more buying pressure and we're off to the races
 
Posted by Fuzzy1018 on :
 
.0127/.0135
 
Posted by jdiddy on :
 
need to get through .013 and .0132
 
Posted by Fuzzy1018 on :
 
dropped it on nothing; will go .0114/.0123
 
Posted by JBURNS on :
 
.O124/.0125 now, I think this will make another move up this afternoon. I'm putting in my order for more here.
 
Posted by jdiddy on :
 
.0124/.0127 need to push through
 
Posted by jdiddy on :
 
anyone still in?
 
Posted by jdiddy on :
 
getting some attention
 
Posted by JBURNS on :
 
Still in, I'm thinking this may have some more in it for the morning. IMO
 
Posted by JBURNS on :
 
"Gwenco currently leases over 600 acres of coal mines that have approximately 12,999,000 tons of coal; 9,000,000 of which are proven reserves.

Eugene Chiaramonte, Jr., President of Quest, stated, "While coal prices have recently declined, the coal at the Pond Creek mine has inherently lower sulfur, making it a more valuable commodity due to its blending capabilities.""

http://biz.yahoo.com/bw/070201/20070201005403.html?.v=1
 
Posted by Fuzzy1018 on :
 
this will be trading much higher in the coming days imo
 
Posted by JBURNS on :
 
Still a lot of good things to come from this company. Mining is expected to start in mid March, only 6 weeks from now.

9,000,000 tons of coal that are proven resources, and possiblly up to 4 million more tons of coal!

A ton of low sulfur coal sells for approximately $45 per ton. If you do the math, thats $400M in proven revenues from this coal and potentially $180M more in revenues!!!

-----------------------------------
All IMO.
 
Posted by JBURNS on :
 
Anyone know the O/S numbers? I'm thinking only 138M or so.

I'm trying to be very conservative with these numbers because they are just my best guess:

Revenues from coal mine: $400 million

Profit margin on coal mining (I have no idea) lets just guess 10%
Estimated Profit = $40 million

$40M/138M o/s = .289 --- almost 30 cents per share and we're only at 1 penny right now.

I'm not pretending to be an expert on coal mining or at figuring share price. If these numbers seem wrong to someone let me know. This is all my estimation and IMO.
 
Posted by Fuzzy1018 on :
 
mm's doing whatever they want right now because of lack of volume.
.01/.011 - this can really fly if there is some buying pressure
 
Posted by Fuzzy1018 on :
 
i hate this big spread, we'll run if its tightened up .01/.011
 
Posted by JBURNS on :
 
.012/.013 this morning
 
Posted by JBURNS on :
 
up 20% today on no news, maybe an indicator of news to come!
 
Posted by JBURNS on :
 
Holding strong today, news would send this thing flying right now.
 
Posted by Fuzzy1018 on :
 
looking good today; will go much higher in the coming days imo
.0115/.012
 
Posted by Fuzzy1018 on :
 
nice volume today
 
Posted by JBURNS on :
 
Looked strong today and nice close up to .0115
 
Posted by TruthLiesWithin on :
 
this thing has some big price swings..

One has to wonder if the float is really that low...

Seems like it can really blow up with some actual mining news...

How long before they are pumped out and operating.
 
Posted by JBURNS on :
 
I believe the last PR said mining should start around mid-March.
 
Posted by JBURNS on :
 
.0135/.014 this morning
 
Posted by JBURNS on :
 
Press Release Source: Quest Minerals & Mining Corp.


Quest Minerals & Mining Retains General Mining to Rehabilitate Pond Creek Mine
Friday February 16, 6:30 pm ET


PATERSON, N.J.--(BUSINESS WIRE)--Quest Minerals & Mining Corp. (OTCBB: QMMG - News; Frankfurt: QMN.F - News), a Kentucky based operator of energy and mineral related properties, today announced that it has retained General Mining, LLC, of Wallins, Kentucky, to rehabilitate the company's Pond Creek Mine at Slater's Branch, Kentucky. Quest has also granted to General Mining a right of first refusal to act as the company's contract miner once the rehabilitation is completed.


Eugene Chiaramonte, Jr., President of Quest, stated, "We are very excited to have retained General Mining to rehabilitate the Pond Creek Mine. General Mining has over 30 years of experience in the coal mining industry and has an excellent reputation for providing quality work. We are looking forward to having General Mining as part of our team and we look forward to a prosperous relationship."

In addition to rehabilitating the mine, General Mining will proceed to obtain all necessary licenses from the requisite Federal and State authorities to allow it to complete the rehabilitation and commence mining operations.

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.


Contact:
Quest Minerals & Mining Corp.
Eugene Chiaramonte, Jr., 973-684-0035

--------------------------------------------------------------------------------
Source: Quest Minerals & Mining Corp
 


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