Check this out, HANS: could be a "Perfect Storm" brewing with record coal prices breaking $130/ton (up from $90/ton as recently as April) along with flooding on the upper Mississippi interrupting barge & rail shipments. With domestic demand up and skyrocketing demand in booming Asia, QMNM could be a bargain even with the recent gains. This just in:
"Quest Minerals & Mining Revels from the Increased Demand for Coal
"PATTERSON, N.J., June 24, 2008 (PRIME NEWSWIRE)
"Quest Minerals & Mining Corp., a Kentucky-based operator of energy and mineral related properties, announced today that it has received several offers for their coal in excess of $110 per ton.
"The company is currently preparing to mine its Pond Creek location, held under its wholly owned subsidiary, Gwenco, Inc.
"Quest Minerals and 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.
"Forward-looking S tatements"
"This document contains discussion of items that may constitute forw1ard-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, lacking of working capital, debt obligations, judgments and lien claims against Quest and certain of its assets, difficulties in refinancing short term debt, fluctuations in coal, oil & gas, and other energy prices and general economic conditions..." The author/editor of this message is on occasion asked to post news regarding promising new stocks in return for a fee, typically in the amount of three hundred dollars a day. The aim of the author is solely to present accurate information of interest to potential investors.