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Author Topic: QMMG - news just out
Average Joe
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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

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" Cash is King "

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Average Joe
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Starting to see some pre-market activity. Should be good for a pop this morning .... imho

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" Cash is King "

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Average Joe
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ticking up .... .0054/.0055

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" Cash is King "

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Average Joe
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.0059/.006

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" Cash is King "

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Average Joe
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.0064/.0065

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" Cash is King "

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Average Joe
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just printed .0069 .... up 35%

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" Cash is King "

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Gary59
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Waiting for a dip , I hope i can get in dont want to chase it too long but looks good
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Gary59
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OK I got some at .006 lets hit .007 again..
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Gary59
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OK riding a few free shares now,,
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Average Joe
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Got out at .0069 the first move, back in at .0061, just waiting .....

--------------------
" Cash is King "

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Gary59
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Good Job AverageJoe
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vichingo103
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in at 0.0067...
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Gary59
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Lunch time lull,,,,
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Gary59
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Well wonder what we will do today??
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Gary59
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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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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."

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

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

Thanks Gary .... might have a good one for tomorrow .... imho

--------------------
" Cash is King "

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Average Joe
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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

--------------------
" Cash is King "

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THE DUKE
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THIS mining co is about to explode [Big Grin]
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THE DUKE
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After lunch take-off. It's getting ready. With three buyers of coal already!! [Big Grin]
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Gary59
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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

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THE DUKE
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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
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Gary59
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well i got a partial fill of 40k * .0054
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Gary59
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OK all mine filled lets go back to .0074 like it did last week...
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Gary59
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Looks like one of the MMs are filling .054s now but ASK is staying at .0055 ...Good deal..
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Gary59
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Trading volume 5 times more than yesterday maybe getting ready for a EOD run I hope..
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Average Joe
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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

--------------------
" Cash is King "

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Gary59
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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...

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THE DUKE
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bid.0055 ask .006
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THE DUKE
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where are the buyers for this stock??? [Roll Eyes]
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Gary59
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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

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THE DUKE
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$60mil in coal stock pile already and has started
delivering. Where are the buyers for this stock!! Unbelieviable!!!

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Gary59
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Volume 1/3rd of yesterday,,,dont know what it will take to get it moving now..
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Gary59
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bump
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Gary59
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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
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