QRL 2.13% 24.0¢ quintessential resources limited

outstanding major mineralised zone 255m, page-8

  1. 6,851 Posts.
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    QRL had the bad luck to announce this great visual result during the hype of the Greek elections. There is no doubt, the stock would be a great deal higher under normal circumstances. I don't think the market will be able to avoid the obvious effects of a high grade discover. Remember that the next lot of results should relate to the first hole. They will give us an idea of the grade down hole closer to the feeder zone, but the more exciting deeper holes will arrive shortly after that ( around 4 weeks). The 3rd hole will be drilled around 1km across the valley and into an extenstion of this target. If these are both mineralised, then QRL will simply not be the same company. I just read a technical alert on the net suggesting that qrl is a 5 out of 5. We won't be waiting around long to find out. The stock has never really had any selling pressure and holders are waiting for a lot of news on a lot of fronts. QRL has about 8 main gold bearing deposits to be drilled along stike. If you are new to the story, the presentations are a solid, quick read and the maps tell the story, I personally bought a swag of stock just after it listed and put them away. for drilling to take place on at least 3 of these large ore bodies. MAL is a great start, but don't forget that QRL is far from a one hit wonder. dyor.
 
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Currently unlisted public company.

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