tight capital structure - huge potential

QRL have some tenements with huge potential.

Love the diagram in the prospectus showing the Bismarck license smack bang in the middle, surrounded by BHP ELs.

"Bismarck covers 320.5 sq km, contains a 57 kilometre prospective strike length and includes 20 named prospects. Bismarck has 4 distinct mineralised districts - 2 of which are porphyry copper targets and 2 are predominantly gold-silver zones"


If you want to see what can happen when a company with tight capital structure hits pay dirt just checkout action today in AHK (Ark Mines). I don't hold AHK so no interest in cross promoting, but that is the sort of rise (or better) we could expect if QRL hits the goods in my opinion (AHK has 28m shares on issue, QRL 30m listed).

That is the potential, of course given the early stages there are no guarantees we will have good results from first drilling. Fingers crossed for some well aimed rigs!