QMMG.OB

[Stocky2000]

Reversal with a hammer candle stick today...mostly buys today

[Stocky2000]

the party justed started we triggered 0.13 and up....

[Stocky2000]

 

[Stocky2000]

I didn t like the action yesterday even we closed up 6.67% for the day. There was too little volume for a ongoing rally thats why i sold. There was Long Legged Doji is a doji characterized by very long shadows. It shows the indecision of the buyers and sellers and it is an important reversal signal.
This particular doji shows that there is a great amount of indecision in the market. Long-legged Doji shows that the prices traded well above and below the opening price however they closed virtually at the level of the opening price. We have an end result with little change from the initial open despite all the excitement and volatility during the day showing that the market has lost its sense of direction.


sold 22660 shares at 0.15 (Buy Price Aver. 0.135) = 10% Gain
I sold the rest of 4000 pieces at 0.145...Volume is too little right now for a good rally.

[Stocky2000]

Bounce time

[Stocky2000]

Big volume after news...that they reopen their mine at the end of march....i am in at 0.115...will hold until end of march or sell when i gain 100%.

[Stocky2000]

currently up 102%  intraday
puh

[setravis]

Volume last two days......

52wk Range: 0.03 - 2.40
Volume: 10,214,860
Avg Vol (3m): 609,452

Technicals
Close Above the 13-day MA
Most Actives
Percentage Gainer

Last Price Quote is:
27.95%above 13-day MA
-28.31%below 50-day MA

[gmarc66]

Hey Setravis,

I watched this one yesterday and almost jumped in....got to stop this hesitating stuff..dang..very nice.

glta

[setravis]

Press Release Source: Quest Minerals & Mining Corp.


Quest Minerals & Mining's Subsidiary, Gwenco, Receives Permit to Mine Coal at Pond Creek Mine
Tuesday January 16, 9:10 am ET


PATERSON, N.J.--(BUSINESS WIRE)--Quest Minerals & Mining Corp. (OTCBB: QMMG - News; Frankfurt: QMN.F - News), a Kentucky based operator of energy and mineral related properties, today announced that it has received a permit from the Kentucky Department of Natural Resources to conduct coal mining at its Pond Creek Mine at Slater's Branch, Kentucky. The mining permit is held by Quest's wholly-owned subsidiary, Gwenco, Inc., and allows Gwenco to recommence mining operations at the Pond Creek Mine.


Eugene Chiaramonte, Jr., President of Quest, stated, "We are very pleased that we have received the required mining permits, which allow us to recommence mining operations at our Pond Creek mine at Slater's Branch. We believe that obtaining this permit is perhaps the most significant step we have taken in our efforts to start mining again.

"We now intend to complete the rehabilitation of the mine, including pumping the mine free of water and taking other steps necessary for the mine to be ready for operation."

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. At the present time, Quest has twelve million tons in reserves and nine million proven on the Gwenco properties. For more information on Quest Minerals & Mining Corp., please visit our website at www.questminerals.com.

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.

Contact:
Quest Minerals & Mining Corp.
Eugene Chiaramonte, Jr., 973-684-0035

--------------------------------------------------------------------------------
Source: Quest Minerals & Mining Corp.



Update.......Made a huge move there off that low price.

[pompano]

Nice megavolume, I hope it comes down to fill that gap so I can pick some up.

[basonista]

Came down to fill the gap over the last couple of days and bounced up today for over a bag before settling down to a cool 36% gain.

[Little Joe]

QMMG starts mining !

[Little Joe]

Quest Minerals & Mining Provides Updates on Reopening of Pond Creek Mine at Slater's Branch, Acquisition of Parsons Branch Permit
Thursday March 29, 6:30 am ET

PATERSON, N.J.--(BUSINESS WIRE)--Quest Minerals & Mining Corp. (OTCBB: QMMG - News; Frankfurt: QMN.F - News), a Kentucky based operator of energy and mineral related properties, today provided an update on its efforts to reopen its Pond Creek mine located 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 and reopening of the Pond Creek mine is currently on schedule. We have made significant progress in completing the required rehabilitation items, and we continue to believe that we can complete these items by the end of April, 2007. Once we have completed this rehabilitation, we can begin mining coal at Pond Creek."

In addition, Quest provided an update on the non-binding letter of intent between Quest and Parsons Branch Development to acquire a permit to mine the Elkhorn #2 seam on Parsons Branch located in Mud Creek, Kentucky. Parsons Branch Development has approximately 450,000 tons of clean coal under lease at this location. The letter of intent remains in effect and Quest intends to complete this transaction. Upon completion of the transfer of the permit to Quest, Quest would retain all revenues from coal sales after payment of a royalty to Parsons Branch of $1.50 per clean ton mined and expenses of mine operations, which are expected to be carried out by a contract miner.

Eugene Chiaramonte, Jr., President of Quest, said, "With approximately 450,000 tons of clean coal, we believe that this project has tremendous potential. We have been seeking new energy opportunities to enhance stockholder value, and we believe that the Big Mud Creek region holds great opportunity. We are excited about working with Parson Branch Development to create real value with this prospect."

The transaction is subject to due diligence, negotiation of definitive agreements, regulatory approval of the transaction, and satisfaction of other customary conditions to closing.

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.


Contact:
Quest Minerals & Mining Corp.
Eugene Chiaramonte, Jr., 973-684-0035

--------------------------------------------------------------------------------
Source: Quest Minerals & Mining Corp.

[wadlo3935]

Is this stock completely dead?  Is there anyone out there with interest in qmmg?  Am I completely crazy for thinking this company can make a turn around?