worth putting on watch list

This stock has the potential for massive stock price rises in the near future imo.

Presentations just been held in Melbourne (17/10/11) and Sydney (18/10/11).

Rock chip samples due from the Mal copper district in the flagship Bismark lease late next week.

I won't take much for this to jump significantly with good results, market cap only 9M with 40 Million shares on issue (10M) held by MD.

Top 20 own over 50% and drilling planned for late October.... BHP have leases all around flagship Bismark lease.

Pretty hard to get a good position but under 30c a bargin IMO.

See below a Timetable from the latest presentation....

I would expect things to start hotting up in the coming weeks imo.

They only listed about 6 weeks ago, been through terrible market conditions and rated as the second best IPO so far this year!!



***QRL Timetable as of 18/10/11***

I have added dates to make it easier!

Mal Porphyry Copper-Gold District

3D-IP surveys:

* Mal Prospect : survey completed + 3 weeks for data analysis
( 8th November)


*Irak Prospect : survey completed + 3 weeks for data analysis
( 8th November )

*Rock and soil samples
*Mal Rocks : currently at lab and results expected ~7 days
(25th October )

*Irak Rocks : currently at lab and results expected ~14 days
( 1st November )

*Mal Soils : currently at lab and results expected ~21 days
( 8th November )

*Tekem Gold District
*Commence drilling in late October with first results expected in late November

*Giwi Porphyry Copper-Gold District
*3D-IP survey commenced


WOW - What a big few months coming up... The big one to watch out for will be the Takem Gold drilling results due late November.

SUCCESS WILL RESULT FROM CONTINUOUS DRILLING TO DELINIATE MAJOR RESOURCES

Cheers Ubid