Thursday, July 31, 2008

Re QMNM (we'll find out on Monday)

Posted on Yahoo Board by: bigd41238

Just spoke to Bobby at the mine 31-Jul-08 11:37 am

Production is really starting to pick up. He said that the company has really started sinking money into the place. They have purchased a new headdrive and tailpiece for their slope belt. They have also spent alot of money and time on upgrades to their equipment. The engineers are going to be there today to set spads for there left hand turn. After that it is a straight shot of mineable coal. More haulage is going into the mine before weekend to keep up with production.

3 comments:

Fishfood said...

I'm not good at numbers, but I found this link.

http://www.shortsqueeze.com/?symbol=qmnm

Fishfood said...

No trades today, but I like that SRS is making higher lows - If current price holds

Can't get myself to sell GMO gonna let it roll another day

Peter said...

I doubt a rate hike would make any difference in the dollar. Either way I don't see them raising anyways. The fundamentals come out in the charts, it's time to go south.

Not sure what's up with Manny, i haven't been following the sox this year. I couldn't even tell you if they are doing better than the yankees.