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Posted by Average Joe on :
 
QMMG ( .0051 )


Quest Minerals & Mining Commences Coal Mining at Pond Creek Mine at Slater's Branch

Tuesday , May 15, 2007 16:10ET

PATERSON, N.J., May 15, 2007 (BUSINESS WIRE) -- Quest Minerals & Mining Corp. (OTCBB: QMMG; Frankfurt: QMN.F), a Kentucky based operator of energy and mineral related properties, announced today that it has received clearance from all requisite state and federal agencies to mine coal at its Pond Creek mine at Slater's Branch, Kentucky.

Rodney A. Robinson, President of General Mining, Quest's mine operator, stated, "We are pleased to report that our rehabilitation of the Pond Creek mine is substantially complete and that we can now mine commercial coal while completing the remaining rehabilitation work."

Eugene Chiaramonte, Jr., President of Quest, stated, "We are excited to report that we have started mining again at Slater's Branch. This is a significant step towards generating revenues, achieving profitability, and restoring the financial health of Quest. General Mining has done an excellent job in reopening the mine. We feel that this is a significant turning point for our company and our shareholders."

Quest now intends to attempt to reopen its second mine at Slater's Branch in the Lower Cedar Grove seam, which has over 2,000,000 tones of coal in place. Recent tests on the Lower Cedar Grove seam indicate a strong potential for use of the coal as a blend on multiple metallurgical orders. In anticipation of this reopening, General Mining has moved mining equipment onto the property which it intends to use at the Lower Cedar Grove seam. In order to recommence mining operations at Lower Cedar Grove, Quest and General Mining will need to rehabilitate the mine, file a new mine plan, and obtain all required insurance, permits, and approvals to recommence mining operations at Lower Cedar Grove. The Lower Cedar Grove seam is already covered under the existing mine permit and bond with the Kentucky Department of Natural Resources.

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.

SOURCE: Quest Minerals & Mining Corp.

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

Copyright Business Wire 2007
 
Posted by Average Joe on :
 
Starting to see some pre-market activity. Should be good for a pop this morning .... imho
 
Posted by Average Joe on :
 
ticking up .... .0054/.0055
 
Posted by Average Joe on :
 
.0059/.006
 
Posted by Average Joe on :
 
.0064/.0065
 
Posted by Average Joe on :
 
just printed .0069 .... up 35%
 
Posted by Gary59 on :
 
Waiting for a dip , I hope i can get in dont want to chase it too long but looks good
 
Posted by Gary59 on :
 
OK I got some at .006 lets hit .007 again..
 
Posted by Gary59 on :
 
OK riding a few free shares now,,
 
Posted by Average Joe on :
 
Got out at .0069 the first move, back in at .0061, just waiting .....
 
Posted by Gary59 on :
 
Good Job AverageJoe
 
Posted by vichingo103 on :
 
in at 0.0067...
 
Posted by Gary59 on :
 
Lunch time lull,,,,
 
Posted by Gary59 on :
 
Well wonder what we will do today??
 
Posted by Gary59 on :
 
Promo news ::
I cut some of the other companies out to save room plus this thread is for QMMG..

Thursday, May 17 2007 10:17 AM, EST

--------------------------------------------------------------------------------

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M2 "Press Wire "

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Quest Minerals & Mining Corp. (OTCBB: QMMG) up 25.4% on 58.3 million shares traded.

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. On May 16th 2007, the company announced that it has received clearance from all requisite state and federal agencies to mine coal at its Pond Creek mine at Slater's Branch, Kentucky. Rodney A. Robinson, President of General Mining, Quest's mine operator, stated, "We are pleased to report that our rehabilitation of the Pond Creek mine is substantially complete and that we can now mine commercial coal while completing the remaining rehabilitation work." Eugene Chiaramonte, Jr., President of Quest, stated, "We are excited to report that we have started mining again at Slater's Branch. This is a significant step towards generating revenues, achieving profitability, and restoring the financial health of Quest. General Mining has done an excellent job in reopening the mine. We feel that this is a significant turning point for our company and our shareholders."

----------------------------------------------------------
 
Posted by Gary59 on :
 
above asterisk is "*********" in case you didnt figure that out ..
 
Posted by Average Joe on :
 
quote:
Originally posted by Gary59:
Good Job AverageJoe

Thanks Gary .... might have a good one for tomorrow .... imho
 
Posted by Average Joe on :
 
Quest Minerals & Mining Commences Shipping Low Sulfur Compliance Coal From Pond Creek Mine at Slater's Branch

Wednesday, May 23, 2007 06:30ET

PATERSON, N.J., May 23, 2007 (BUSINESS WIRE) -- Quest Minerals & Mining Corp (OTCBB: QMMG; Frankfort QMN.F), a Kentucky based operator of energy and mineral related properties, announced today that it will commence shipping commercial low sulfur coal from its Pond Creek mine at Slater's Branch, Kentucky to three separate purchasers.

Stock pile analysis performed by Standard Labs of Whitesburg, Kentucky showed sulfur content of 0.42%, one third (1/3) of the EPA compliance coal standards of 1.20%. This puts the coal in what the industry refers to as "super compliance coal" for blending down higher sulfur coal seams.

Gene Chiaramonte, President of Quest, stated, "We are pleased that the run of mine coal establishes the low sulfur and desirable compliance nature of this coal. Indeed, we believe that purchasers will put this coal in their 'super compliance' stock piles to blend with higher sulfur coal. Out of the three proposed purchasers, we intend to develop several long term relationships to maximize the revenues from this coal. With the proposed development of the Lower Cedar Grove seam this summer, which has over 2,000,000 tons of coal in place, we look forward to building a substantial sales base. Recent tests of this seam shows a fluidity of over 1,500 and 13,800 BTUs, making it a great met blend product. "

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.

SOURCE: Quest Minerals & Mining Corp.

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

Copyright Business Wire 2007
 
Posted by THE DUKE on :
 
THIS mining co is about to explode [Big Grin]
 
Posted by THE DUKE on :
 
After lunch take-off. It's getting ready. With three buyers of coal already!! [Big Grin]
 
Posted by Gary59 on :
 
Duke or anyone, what do you think about the 10QSB on file?
Have you read it ? I cant seem to understand if QMMG has settled with the litigation or is still in the works ..
Do you have an opinion about the 10QSB?
Thanks
 
Posted by THE DUKE on :
 
Have not read it yet Gary, but this is a real mining co. know of someone that has been to the site. They already got buyers and plenty of coal
 
Posted by Gary59 on :
 
well i got a partial fill of 40k * .0054
 
Posted by Gary59 on :
 
OK all mine filled lets go back to .0074 like it did last week...
 
Posted by Gary59 on :
 
Looks like one of the MMs are filling .054s now but ASK is staying at .0055 ...Good deal..
 
Posted by Gary59 on :
 
Trading volume 5 times more than yesterday maybe getting ready for a EOD run I hope..
 
Posted by Average Joe on :
 
People get scared anytime someone talks litigation. QMMG took a big drop several months ago when one of its subsidiaries filed bancruptcy. It came back slowly but now another bump in the road. More good news will erase some of this loss .... imho
 
Posted by Gary59 on :
 
After reading the 10QSB a lot of the suits filed have been settled and agrred out of court so I beleive it is acctually good news , litigation settled and we can just go on from here..
This will get noticed more tommorrow with all the volume we had today ...
Just my opinion...
 
Posted by THE DUKE on :
 
bid.0055 ask .006
 
Posted by THE DUKE on :
 
where are the buyers for this stock??? [Roll Eyes]
 
Posted by Gary59 on :
 
I can't believe the volume is down from yesterday and up 7.27% , If we had yesterdays volume of 26 mil this would be back up in the .007s like last week..
And just had 500k in buys at .0059
 
Posted by THE DUKE on :
 
$60mil in coal stock pile already and has started
delivering. Where are the buyers for this stock!! Unbelieviable!!!
 
Posted by Gary59 on :
 
Volume 1/3rd of yesterday,,,dont know what it will take to get it moving now..
 
Posted by Gary59 on :
 
bump
 
Posted by Gary59 on :
 
Something is up QMMG is up 13% and volume has amost matched yesterdays trading in 30 minutes I dont see news but its moving a little already
 
Posted by Average Joe on :
 
Quest Minerals & Mining Announces 2,000 Clean Ton Purchase Order for Deep Mine Coal

Thursday , June 07, 2007 06:00ET

PATERSON, N.J., Jun 07, 2007 (BUSINESS WIRE) -- Quest Minerals & Mining Corp. (OTCBB: QMMG; Frankfurt: QMN.F), a Kentucky based operator of energy and mineral related properties, announced today that it received a purchase order for 2,000 clean tons of deep mine coal. To date, it has shipped 350 tons pursuant to the purchase order, and remaining shipments are to be delivered during June 2007. The quality of coal which must be delivered is 12,000 BTU per pound, with a maximum of 0.6% sulfur and less than 30% ash.

Eugene Chiaramonte, Jr., President of Quest, stated, "We are excited to report that we have received this purchase order for our deep mine coal. We have already started shipping coal under this order and we fully anticipate being able to fulfill the entire order, even though we have limited production capacity due to ongoing mine rehabilitation, which we except to complete in the near future. Fulfilling this order would allow us to recognize approximately $100,000 in gross revenue."

In addition, Quest announced that it is beginning to sample an additional seam, the "Taylor seam," located in Hurricane Branch, which is adjacent to Slater's Branch. Quest intends that this seam would be its third coal production seam to be reopened, along with the Pond Creek seam, which it is currently mining, and the Lower Cedar Grove seam, which it seeking to reopen. Reopening of Lower Cedar Grove or the Taylor seam will require Quest, with its contract miner, General Mining, to rehabilitate the mine and obtain all required insurance, permits, and approval to recommence 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.

SOURCE: Quest Minerals & Mining Corp.

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

Copyright Business Wire 2007
 


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