re: Ann: Moorlands 2013 Exploration & Develop...
CQC announced a trading halt for a cap raising, to be followed by an announcement pertaining to the cap raise. http://www.asx.com.au/asxpdf/2014050...w0cwj9fzlk.pdf
Cuesta has the Eastern Galilee Project which lies 30km West of Clermont.
Today an announcement was made by the Qld Govt pertaining to a $16B mine in the region, the Carmichael Coal Mine is quoted as North-West of Clermont. http://www.abc.net.au/news/2014-05-0...-basin/5438704
CQC could benefit greatly from this, most notably the 189km railway line to extract resources.....
With massive investment in a region usually comes speculation as to the surrounding tenements/companies.
CQC Price at posting:
9.0¢ Sentiment: Buy Disclosure: Held