QUEST MINERALS+MNG (WKN: A0M92C) Produktionsstart?

I did liquidate my position yesterday and today. A big chunk yesterday at .0013 and the rest today at .0012. I took about a 20% loss on the transaction. I did so for much the same reason as I did after the RS, to preserve capital because I agree that we are likely heading lower in the short term. I base my opinion mostly on the fact that the BK is still pending and no progress was made this week. It appears to be because Gwenco's attorney did not submit the amended disclosure statement to the court. This indicates that they are still having trouble reaching an agreement with the creditors or they are stalling for a better position based on higher production goals. Until I get a better feel for the direction of that situation I feel better with a sideline position. The annual report will probably be the next news. As I have been saying for the past month or so, I don’t believe it will be all that outstanding. We already know what the monthly numbers were. The monthly reports, when compared against each other, show some progress which is encouraging. But the annual report is still going to be lackluster. There is also a potential time bomb in it that I cannot gage. The OS was at 142M on Nov 13th. This was after the Nov 4th split pegged it at 121M. I have no idea what it is now other than 142M or somewhere north of that figure. If the past month’s dilution turns out to be heavy it will look bad.

I still feel that Quest is a decent long term investment. But in spite of how I feel about the long term direction of Quest, I have to respect what the market can do to it in the short term. Since eugene has clammed up, without solid news Quest is probably going to continue it's decline. We are still at least a month out, maybe more, from favorable production numbers. The BK seems to have been delayed again although there is no official word yet. The annual report is not likely to have significant positive news in it and it may have some significant negative news in it. I don't have a solid feeling for the short term direction but it does not look good to me. Previously I was thinking that if we made some progress this week on the BK it would sustain the pps until production levels increased. Now I'm not sure. In other words, there is not much wind right now so I feel safer on the sidelines until I can gage the wind direction a little better. I don’t mean to bash. And I am by no means gone. I am still watching closely and looking for a comfortable entry point.  

Was glauben die denn wo der Kurs noch hinfällt bei ner Marktkapitalisierung von 300.000 Dollar?
Marktkapitalsierung von 300.000 Dollar

http://messages.finance.yahoo.com/...mid=21738&tof=4&rt=1&frt=2&off=1

Re: BIG TROUBLE     23-Jan-09 04:44 pm     I also liquidated today. I feel it is bound to shrink and took what I had on the table and reinvested in another area. I will return if the BK ever heads to a conclusion. I feel there is coal production and that will increase every month, but I can buy back at half the price and increase shares counts then.
GLTA and I'll keep watching,
Lineboss  

Erste Reihe Fussfrei :-)

nenne mir doch mal bitte einer von euch den letzten o/s Stand. Danke.

Gruß
Bradetti  

Hallo bradetti ... der aktuelle O/S liegt bei zwischen 142 Mio (Stand Nov.2008) und 2,5 Millarden (duck_und_schnell_wech;-)

Im Februar wissen wir mehr ... bzw. wie versuchen gerade die O/S zu erfahren ... aber eigentlich wirklich mit recht wenig Hoffnung ...

Schönen Abend noch ...

Auszug aus "Gwenco Disclosure Statement" vom 8.4.2008

Mining Cost – White Star Mining LLC $32.00 Trucking and handling $5.00 Reclamation & Maintenance $0.10 Insurance GL and Equip $0.15 Estimated maximum royalties (8%) $6.96 Electric $0.70 Belt & Structure / Infrastructure $3.00 Admin / Bk / Accountant / Lawyer $2.00 Federal Black lung $1.10 Ky Severence $3.91 OSM $0.15 Engineering $0.50 Operating reserve $2.43 All costs are per ton

Total Cost $58.00     inwieweit z.B.Transportkosten (aufgrund gestiegener Menge) handelbar sind, keine Ahnung

 

Ein Hoffnungsschimmer ?
Hatte ja nochmal zu 0,001 Nachgelegt um meinen Mischkurs zu Verbessern....
Hoffentlich geht das heute weiter so aber ich denke es werden erstmal wieder Gewinnmitnahmen kommen in USA war ja  +49,8 %  

guckst Du hier:

16.07.08 13:57
06.08.08 19:33
26.09.08 09:08

;-)

Die Notiz vom RA, dass der Termin im Dez. auf den 20.01. verschoben wurde - war wohl nicht verbindlich. Wir haben gestern die Nachricht erhalten - dass am 20.01. keine Anhörung stattgefunden hat. Wir erhalten weitere Informationen, sobald diese bekannt werden ... hmm ... naja - dann bin ich einmal weiter gespannt.  (grmpf!)

besteht die Möglichkeit, dass Eugene noch ordentliche Zahlen vorlegen kann!  

...fast 100%....verwundert guck und augen reib.....es ist ja doch noch leben in quest...,-))
heshes ist was im busch??

Hallo Heddodd,

mir ist nichts bekannt ... außer - dass seit Freitag nichts mehr ins Bit geworfen wurde ... der Freitag war beängstigend ruhig ... sodass ich meine Order zu $0,0011 sicherheitshalber vor dem WE wieder rausgenommen habe ... ich Trottel ich :-((((( ...

Ich habe gerade leider kein Level2 im OTCBB ... IMHO ich vermute einmal ... dass der MM NITE gerade nichts schmeißt/tradet oder so ... und es wurde seit Montag großteils aus dem ASK gekauft ... und am Dienstag gegen 21:02 Uhr hat es wohl einigen Shorties dann endlich auf dem falschen Fuß erwischt ... und es kam wohl zu einem schönen kleinen Short-Squeez bis $0,0028 ... lächelnd ... yeees! ;-) Aber das ist nur eine Vermutung von mir.

Aber im Ganzen gesehen ... gibt es eigentlich bisher keinen wirklichen Grund für diesen Anstieg! In 14 Tagen gibt es evtl. den 10Q-Bericht für das letzte Quartal 2008 ... welcher aber nicht der Grund sein sollte/kann ... und der aktuelle niedrige Kohlepreis von nur $68,- USD auch nicht ...

...na dann warten wir mal auf den 10Q. kann mir aber nicht vorstellen, das er ausgerechnet dieses mal pünktlich kommen soll. also werden wir sicher noch ein bissl länger warten.

http://www.otcbb.com/asp/Info_Center.asp


zwar kein RT, aber besser als nichts.
Kurs scheint bei 0,002 gut abgesichert  zu´sein.
Ein paar Käufe und die 0,003 wären drin!  

Hallo,

habe gerade die Info erhalten ... dass der RA nach Klärung von Zahlungsmodalitäten eines Gläubigers nun ein nächstes Hearing bis/am 17.03.2009 plant ... der RA will dazu heute oder morgen eine Meldung einstellen ... also - weiter warten und warten und ... ;-)

PS: ist schon jemand aufgefallen ... dass super wenig "Volumen" in USA seit Dienstag ist ... da werden gerade keine Shares rausgerückt ... entweder ist der verantwortliche MM endlich einmal krank geworden ... oder es ist ein anderer interessanter und uns noch unbekannter Grund vorhanden ...

Ja, ist mir auch schon aufgefallen. Und die 4 mio heute sind auch noch nicht so berauschend.......

 

Average Weekly Coal Commodity Spot  Prices (Dollars per Short Ton)
Week Ended	Central Appalachia 12,500 Btu, 1.2 SO2	Northern Appalachia 13,000 Btu, <3.0 SO2
12/05/08	$89.80	$101.50
12/12/08	$81.55	$101.50
12/19/08	$81.55	$101.50
01/02/09	$80.85	$88.75
01/09/09	$76.80	$76.00
01/16/09	$66.45	$76.00
01/23/09	$66.45	$69.00
01/30/09	$66.45	$69.00

bei dem Kohle-Preis bekommt man ja schon wieder Magenbeschwerden ... grmpf.

Quest hat im Dezember 2008 angeblich im Schnitt um die "$80,-Eur / clean tons" erhalten.

QMLM - QUEST MINERALS & MNG

                     

	December 2008				November 2008				Year-to-Date
	Volume	Rank	%		Volume	Rank	%		Volume	Rank	%
Total Share Volume	117,467,474
PERT
Pershing LLC	58,792,400	1	50		11,253,395	3	15		277,746,173	5	5
NITE
Knight Equity Markets, L.P.	40,969,547	2	34		33,992,764	1	46		2,316,675,860	1	49
HDSN
Hudson Securities, Inc.	7,236,199	3	6		11,043,033	4	14		222,196,077	7	4
ETMM
E*Trade Capital Markets Llc	4,027,729	4	3		12,341,741	2	16		16,369,470	18	<1
VFIN
vFinance Investments, Inc.	3,920,000	5	3		245,000	10	<1		16,450,000	17	<1
ABLE
Natexis Bleichroeder Inc.	1,135,136	6	<1		882,905	6	1		99,959,634	8	2
HILL
Hill, Thompson, Magid and Co.	433,362	7	<1		-	-	-		241,205,311	6	5
DOMS
Domestic Securities, Inc.	340,700	8	<1		1,918,000	5	2		94,751,523	9	2
UBSS
UBS Securities LLC	240,321	9	<1		444,290	9	<1		303,080,449	3	6
SALI
Sterne, Agee & Leach, Inc.	144,880	10	<1		759,500	8	1		47,637,599	11	1
AUTO
Automated Trading Desk	126,700	11	<1		80,000	12	<1		22,609,326	15	<1
LAMP
Lampost Capital, L.C.	100,000	12	<1		-	-	-		14,250,858	20	<1
FANC
Finance 500, Inc.	500	13	<1		-	-	-		4,674,900	24	<1

 

QMLM - QUEST MINERALS & MNG

                   

	January 2009				December 2008				Year-to-Date
	Volume	Rank	%		Volume	Rank	%		Volume	Rank	%
Total Share Volume	191,564,980
NITE
Knight Equity Markets, L.P.	108,414,729	1	56		40,969,547	2	34		108,414,729	1	56
PERT
Pershing LLC	57,115,880	2	29		58,792,400	1	50		57,115,880	2	29
ETMM
E*Trade Capital Markets Llc	8,865,006	3	4		4,027,729	4	3		8,865,006	3	4
HDSN
Hudson Securities, Inc.	4,261,100	4	2		7,236,199	3	6		4,261,100	4	2
AUTO
Automated Trading Desk	3,598,000	5	1		126,700	11	<1		3,598,000	5	1
UBSS
UBS Securities LLC	2,538,800	6	1		240,321	9	<1		2,538,800	6	1
DOMS
Domestic Securities, Inc.	2,485,000	7	1		340,700	8	<1		2,485,000	7	1
HILL
Hill, Thompson, Magid and Co.	2,235,360	8	1		433,362	7	<1		2,235,360	8	1
ABLE
Natexis Bleichroeder Inc.	2,033,605	9	1		1,135,136	6	<1		2,033,605	9	1
ARCA
Archipelago Trading Services	17,500	10	<1		-	-	-		17,500	10	<1

http://www.globenewswire.com/newsroom/news.html?ref=rss&d=158796

Quest Minerals & Mining Announces that Court Sets Date for Confirmation of Subsidiary Gwenco's Plan to Emerge from Bankruptcy
Confirmation Hearing Scheduled for March 17, 2009, Positioning Gwenco to Emerge From Chapter 11 During Second Quarter of 2009

PATERSON, N.J., Feb. 3, 2009 (GLOBE NEWSWIRE)

-- Quest Minerals & Mining Corp. (OTCBB:QMLM) (Frankfurt:QMNB), a Kentucky based operator of energy and mineral related properties, today announced that the U.S. Bankruptcy Court for the Eastern District of Kentucky has approved the Second Amended Disclosure Statement and Third Amended Plan of Reorganization for Quest's subsidiary, Gwenco, Inc. The Court also authorized Gwenco to begin soliciting approval from its creditors for the Plan of Reorganization. With these developments, Gwenco is on schedule to emerge from Chapter 11 protection during the second calendar quarter of 2009.

Eugene Chiaramonte, Jr., President of Quest, said, "Court approval of the Disclosure Statement and authorization to begin the solicitation of creditor approval of Gwenco's Plan of Reorganization represents an important step toward emerging from bankruptcy. We are confident that the Plan of Reorganization will be confirmed at the confirmation hearing, which would put us on schedule to emerge from Chapter 11 during the second calendar quarter of 2009."

The Bankruptcy Court order found that Gwenco's Disclosure Statement was adequate for the purposes of soliciting creditor approval for the Plan of Reorganization. The Disclosure Statement also resolved all prior creditor objections, and all objecting creditors agreed to entry of the order.

A confirmation hearing for the Court to consider approval of the Plan of Reorganization has been scheduled for March 17, 2009. In February, Gwenco will begin mailing notice of the proposed confirmation hearing and begin the process of soliciting approvals for the Plan of Reorganization from voting creditors. Assuming the requisite approvals are received and the Court confirms the Plan under Gwenco's current timetable, Gwenco should emerge from Chapter 11 protection during the second calendar quarter of 2009.

About Quest Minerals & Mining

Quest Minerals & 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. For more information on Quest Minerals & Mining Corp., please visit our website at www.questmining.net.

Forward-Looking Statements

This document contains discussion of items that may constitute forward-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, lack of working capital, debt obligations, judgments and lien claims against Quest and certain of its assets, difficulties in refinancing short term debt, difficulties identifying and acquiring complementary businesses, fluctuations in coal, oil & gas, and other energy prices, general economic conditions in markets in which Quest does business, extensive environmental and workplace regulation by federal and state agencies, other general risks related to its common stock, and other uncertainties and business issues that are detailed in its filings with the Securities and Exchange Commission.

CONTACT:  Quest Minerals & Mining Corp.
         Eugene Chiaramonte, Jr.
         973-684-0035

jaja ... war da nicht schon ein Zeitplan zum 30.09.2008 (?!??!) ... ich würde sagen ... da ist jemand 6 Monate zu optimistisch gewesen und hat dabei mit dem weiteren R/S massig Kapital vernichtet ... grmpf!

Ich glaub's erst ... wenn's soweit ist oder ich etwas anderes als Beweisführung zu sehen bekommen habe ... :-(

:lol:

 

Times & Sales Uhrzeit    Kurs    letztes Volumen    kumuliert
15:30:20    0,0017    200.000    200.000

 

:lol: ... 200.000 Stück  // $340 USD:-)))

IMHO glaubt dem CEO gar keiner mehr ... oder - irre ich mich etwa?

....immer schön aus dem ask....