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QMMG.OB

Started by evgeny05, September 13, 2005, 10:58:42 AM

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evgeny05

Hello !

Wall Street News Alert: U.S. Hot Stock Highlights! September 13, 2005
NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Wall Street Capital Funding.
Sep 13, 2005 8:33:00 AM
WESTON, FL -- (MARKET WIRE) -- 09/13/05 -- Wall Street News Alert's "stocks to watch" this morning are: Quest Minerals and Mining (OTC BB: QMMG), SIRIUS Satellite Radio (NASDAQ: SIRI), Delta Air Lines (NYSE: DAL) and Standard and Poors (AMEX: SPY).

Quest Minerals and Mining Corp. (OTC BB: QMMG) may be appearing on the radar screen of aggressive investors and day traders this morning! Yesterday after the stock markets closed, the company issued a press release announcing that it has executed an agreement with JJ ("JJ") Resources of KY, for the joint development of JJ's Permit #860-5145 known as the Apollo Number One project .

News of the joint development could be welcomed by investors, as there are currently 690 acres that are already permitted and bonded located at Williard Branch, Pintop, Knott Cty KY.!

Quest will invest up to $500,000, subject to funding, in developing four seams with initial production projected for December of 2005.

Watch this company! According to the company's press release, the property has estimated recoverable reserves of 6,800,000 tons primarily in the Hazard 4A Rider Seam running 38"-62" high...Actual mining will be accomplished using contract miners in deep, strip contour strip auger and low seam mining techniques. The production goal is 40,000 merchantable coals by Jan 2006.

The release also states that average analysis from prospecting samples, when washed showed an average recovery of 70% with heat content in excess of 13,000 BTU's. There are five tipples (rail loading facilities) with in 5 miles of the property. The average delivered price for this coal is estimated to be $48/ton.

Investors should continue to monitor the progress of Quest for further developments! In addition to this property Quest and JJ have entered into an Area of Mutual Interest ("AMI") giving Quest the right of first refusal to fund projects in Pike, Letcher, Floyd, and Knott Counties with JJ. Should Quest exercise its options under this AMI, the total coal reserves are expected to be in excess of 100 million tones in place.

Quest CEO, William R. Wheeler, stated, "The opportunity to work with Bill Spears, President of JJ, and these already permitted and proven properties greatly expands the earning potential of the company."

In the past few months, Quest has announced its intentions to expand the company's energy base into the oil and gas sector as well.

For updated in-depth coverage and a company profile of Quest Minerals and Mining, visit http://www.backissuesofnewsalerts.us/QMMG0912.html

Prior to the press release, the stock closed yesterday at Ten cents a share.

In case you are not familiar with the company: Quest acquires and operates energy and mineral related properties in the south eastern part of the United States. The company focuses on properties that produce quality compliance blend coal. Quest's steam coal is currently sold on the spot market to certain brokers who in turn sell to utilities and industrial clients as fuel for power plants. The company looks forward to taking greater advantage of the strong market for compliance coal and continues to identify expansion opportunities in its geographic focus, in addition to developing and opening mines at already acquired properties.




Regards.
Evgeny.

gmarc66

hmmmm....very nice find evgeny05!

looking good!

you in?

julia

Stocky2000

on fire  ;D probably get through resistance 0.25; Monster Volume lets see

somebody041

News out today near the end of the bell:

BELFRY, Ky.--(BUSINESS WIRE)--Oct. 25, 2005--In BW5489 issued Oct. 25, 2005: Reissuing release to correct ticker symbol for searching purposes.
QUEST REOPENS SLATER BRANCH POND CREEK SEAM

Quest Minerals and Mining Corp (OCTBB:QMMG) is reopening its Pond Creek mine at Slater's Branch, KY. With Shelbi Coal Company as its contractor.

ADVERTISEMENT


CEO William Wheeler states, "Because of a ruling in Boyd County Circuit Court we have been allowed to reopen and commence mining with Shelbi Coal. Prior to full production we have some lease renegotiation to be completed. Shelbi's target is 40,000 tons per month when full production is reached. They have also agreed to reopen the Lower Cedar Grove Seam at the same level of production of 40,000 tons per month."

Quest is also currently investigating a lease on a preparation plant within 12 miles of the mine which would increase the margins for both parties. The Pond Creek seam when mined cleaned or washed is a premium product of over 12,500 BTU's and less than .6% sulfur.

William Spears, CEO of JJ Resources and the joint venture partner with Quest in a 6,000,000 ton project in Knott County is in charge of the reopening project.

About Quest Minerals and Mining

Quest acquires and operates energy and mineral-related properties in the southeastern part of the United States. Quest focuses on properties that produce high quality compliance coal. Quest's owned, operated, and joint ventured coal holdings are in excess of 13 million tons of engineered coal and Quest expects those reserves to increase with the commencement of Quest's recently announced joint venture with JJ Resources. Quest's steam coal is currently sold on the spot market to certain brokers who in turn sell to utilities and industrial clients as fuel for power plants. For more information on Quest Minerals and Mining Corporation, please visit its website at www.questminerals.com.

Forward-Looking Statements

Certain matters discussed in this press release are "forward-looking statements." These forward-looking statements can generally be identified as such because the context of the statement will include words, such as Quest Minerals and Mining "expects," "should," "believes," "anticipates" or words of similar import. Similarly, statements that describe Quest Minerals and Mining's future plans, objectives or goals are also forward-looking statements. Such forward-looking statements are subject to certain risks and uncertainties, including the financial performance of Quest Minerals and Mining, as appropriate, which could cause actual results to differ materially from those currently anticipated. Although Quest Minerals and Mining believe the expectations reflected in any forward-looking statements are based on reasonable assumptions, they cannot give any assurance that their expectations will be attained. Shareholders, potential investors and other readers are urged to consider these factors carefully in evaluating any forward-looking statements. Certain factors could cause results and conditions to differ materially from those projected in these forward-looking statements, and some of these factors are discussed below. These factors are not exhaustive. New factors, risks and uncertainties may emerge from time to time that may affect the forward-looking statements made herein. These forward-looking statements are only made as of the date of this press release and Quest Minerals and Mining does not undertake any obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances.

As a result of these and other factors, current results may not be indicative of Quest Minerals and Mining's future performance. For more information on Quest Minerals and Mining and for a more complete discussion of the risks pertaining to an investment in Quest Minerals and Mining, please refer to Quest Minerals and Mining's filing with the Securities and Exchange Commission.


http://biz.yahoo.com/bw/051025/256142.html?.v=1


Hopefully this will spark it again tomorrow!



setravis

This has made a nice run from 0.07 to where it is now  0.31
Nice Pick......Applaud!
"Success loves to hide behind challenges.
Embrace the challenge, enjoy the journey."

Do your own DD and invest based on your DD, not mine !

Semper Fi
S.E.Travis

Stocky2000

#5
ready to bounce ?  8)

Big support at 0.16, open gap at 0.175

closed today at 0.185 (High 0.20, Low 0.181)

http://www.stockta.com/cgi-bin/analysis.pl?symb=QMMG&num1=1&cobrand=&mode=stock




Kublakhan

With gold being so hot right now, this might be a quick play for a fast 30% or so.  Opinions?



Stocky2000

volume is picking up....trendline touched...could bounce the next day your right

Stocky2000

#8
this stock is under big accumulation
lower Bollinger Band line touch
trendline touch

i am buying today

Stocky2000

Quest will invest up to $500,000, subject to funding, in developing four seams with initial production projected for December of 2005.

Watch this company! According to the company's press release, the property has estimated recoverable reserves of 6,800,000 tons primarily in the Hazard 4A Rider Seam running 38"-62" high...Actual mining will be accomplished using contract miners in deep, strip contour strip auger and low seam mining techniques. The production goal is 40,000 merchantable coals by Jan 2006.

The release also states that average analysis from prospecting samples, when washed showed an average recovery of 70% with heat content in excess of 13,000 BTU's. There are five tipples (rail loading facilities) with in 5 miles of the property. The average delivered price for this coal is estimated to be $48/ton.

Investors should continue to monitor the progress of Quest for further developments! In addition to this property Quest and JJ have entered into an Area of Mutual Interest ("AMI") giving Quest the right of first refusal to fund projects in Pike, Letcher, Floyd, and Knott Counties with JJ. Should Quest exercise its options under this AMI, the total coal reserves are expected to be in excess of 100 million tones in place.

Quest CEO, William R. Wheeler, stated, "The opportunity to work with Bill Spears, President of JJ, and these already permitted and proven properties greatly expands the earning potential of the company."

In the past few months, Quest has announced its intentions to expand the company's energy base into the oil and gas sector as well.

For updated in-depth coverage and a company profile of Quest Minerals and Mining, visit http://www.backissuesofnewsalerts.us/QMMG0912.html

Stocky2000

#10
 Will this happen ?

Stocky2000

#11
Bouncing tomorrow ?  :)

Shares outstanding: 60,451,000

Stocky2000

 :)

Stocky2000

close above the trendline  8)

Stocky2000

 ;D accumulation