Quest Minerals. Yes, sounds like a quality issuer. $0.026 a share. Get em while they are hot.
Allegations are they have 12 million tons of $110 coal. hmmmm... of course they may also have a mined out hole in the ground.. as there are is no drilling or normal resource info available at the drop of a hat.
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PATERSON, N.J., June 20, 2008 Quest Minerals & Mining Corp. QMNM/OTCBB, QMNB/Frnkfrt, a Kentucky based operator of energy and mineral related properties, announced today that it is diligently working to conclude their final stages of rehabilitation so that they can move into full production. The company is currently preparing to mine its Pond Creek location, held under its wholly owned subsidiary, Gwenco, Inc.
Eugene J. Chiaramonte, Jr., President of Quest Minerals and Mining Corp., stated, "I have spent many hours underground to ensure that we are mining as soon as possible. Despite some minor encounters related to equipment delays, our long awaited production phase is imminent. Pending any unaccountable obstacles, we expect to be ready for production within a week to two weeks. The company is eager to launch its $8 million contract fulfillment with Logan & Kanawha Co., LLC. We will provide continual updates as production incurs."
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 questmining.net.
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