QMIN, Underweight,Undervalued & Unrecognized ...
April 16,2010
Let me start by using the word SLEEPER!! A stock that is trading at an unusually low valuation based on traditional measures such as price/earnings ratio.
With the economy on some what more solid footing in 2010, demand for energy ram-ping up and coal prices steadying. Just like they have to dig to find the coal that brings value to them, as investors we have to recognize the potential in digging for little sleepers like this company to find value for us!
Quest Minerals & Mining acquires and operates energy and mineral related properties in the southeastern part of the United States.
Quest is a holding company for Quest Energy, Ltd., and Gwenco, Inc. Gwenco leases over 700 acres of coal mines, with approximately 12,999,000 tons of coal in place. In 2007 Gwenco had reopened Gwenco's deep mine at Pond Creek and has begun production at the Pond Creek seam. This seam of high quality compliance coal is located at Slater's Branch, South Williamson, Kentucky. Quest Minerals & Mining plans to open another seam by years end.
History:
Business Development of Quest
-Quest Minerals (Nevada), was organized on November 19, 2003 to acquire and operate privately held coal mining companies in the southeast US.
-On February 9, 2004, Quest Minerals (Nevada) completed a "reverse merger" with Tillman International, Inc., or Tillman, a publicly-traded shell corporation and a fully reporting company registered under the Securities Exchange Act of 1934.
-On April 8, 2004, Tillman International, Inc. changed its name to "Quest Minerals & Mining Corp."
This little know Gem Stock has been chugging along working its way to sustainability and increasing production year over year and month over month consistently hitting targets laid out by the management team of Quest adding to their arsenal of tools more machinery which will translate to more production. On Jan. 21, 2010 the company announced increased in production results for December shipping out a whopping 11,500 gross tons, resulting in sales of over 5,200 clean tons of coal totaling $350,000.00 of revenue just in the single month. At that pace it would put projections for 2010 close to 4.2 million dollars and that's at the lower end cause they have not met their production targets yet...read the juice
April 16,2010
Let me start by using the word SLEEPER!! A stock that is trading at an unusually low valuation based on traditional measures such as price/earnings ratio.
With the economy on some what more solid footing in 2010, demand for energy ram-ping up and coal prices steadying. Just like they have to dig to find the coal that brings value to them, as investors we have to recognize the potential in digging for little sleepers like this company to find value for us!
Quest Minerals & Mining acquires and operates energy and mineral related properties in the southeastern part of the United States.
Quest is a holding company for Quest Energy, Ltd., and Gwenco, Inc. Gwenco leases over 700 acres of coal mines, with approximately 12,999,000 tons of coal in place. In 2007 Gwenco had reopened Gwenco's deep mine at Pond Creek and has begun production at the Pond Creek seam. This seam of high quality compliance coal is located at Slater's Branch, South Williamson, Kentucky. Quest Minerals & Mining plans to open another seam by years end.
History:
Business Development of Quest
-Quest Minerals (Nevada), was organized on November 19, 2003 to acquire and operate privately held coal mining companies in the southeast US.
-On February 9, 2004, Quest Minerals (Nevada) completed a "reverse merger" with Tillman International, Inc., or Tillman, a publicly-traded shell corporation and a fully reporting company registered under the Securities Exchange Act of 1934.
-On April 8, 2004, Tillman International, Inc. changed its name to "Quest Minerals & Mining Corp."
This little know Gem Stock has been chugging along working its way to sustainability and increasing production year over year and month over month consistently hitting targets laid out by the management team of Quest adding to their arsenal of tools more machinery which will translate to more production. On Jan. 21, 2010 the company announced increased in production results for December shipping out a whopping 11,500 gross tons, resulting in sales of over 5,200 clean tons of coal totaling $350,000.00 of revenue just in the single month. At that pace it would put projections for 2010 close to 4.2 million dollars and that's at the lower end cause they have not met their production targets yet...read the juice
