QUEST MINERALS+MNG (WKN: A0M92C) Produktionsstart?
Kurzinfo:
Die Situation und Entwicklung von/um Quest ist einfach nur schei*e!
Ich versuche einmal kurz zusammen zu fassen - was ich erfahren habe und hoffe, es richtig wiedergeben zu können.
Mit dem Einknicken des Kohlepreises sind in der Region um Quest die Minen zu 90% zum Stillstand gekommen.
Die Kommunikation mit Quest gestaltet sich als sehr schwierig. Dazu kommt, dass "maulwurf" und ich zur Zeit kaum an verwertbare Infos gelangen.
Der RA von Quest war beim letzten Gespräch recht entspannt und (für uns nicht nachvollziehbar) optimistisch.
Weiter war vor ca. 2 Wochen ein Shareholder aus dem AMI-Board vor Ort ... und hat "zufällig" einen einzelnen MA angetroffen, der sich wohl dort eher versehentlich verlaufen hatte ;-) Das war nicht das - was wir vor Ort erwartet haben :-(
Zumindest ist Pond Creek noch nicht geklaut worden und steht somit noch in Slaters Branch ;-)
Der MA erzählte, dass die Crew zwar noch komplett bestehe, aber in Urlaub geschickt wurde - wie die meisten anderen Kumpels aus den Minen in der Nachbarschaft auch.
Es betrifft anscheinend nicht nur Quest ... sondern die gesamte Region.
Der Shareholder schrieb weiter - er habe auch nur sehr wenige "Coal-Truck on road" gesehen.
Quest produziert wohl schon seit mehreren Wochen nicht mehr. Es wird nur die Mine "trocken" gehalten, bis der Coal-Price wieder rentabel wird. Der Minenstatus wurde auf "inaktiv" zurückgesetzt gesetzt.
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So wie es aussieht - steigt der Coal-Price langsam wieder ...
von $48.00 am 06/26/09
auf $50.05 am 07/02/09
aktuell: $52.30 am 07/10/09
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Source: Coal News and Markets 2009-07-15
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Alles eine ziemlich unschöne Entwicklung ... welches zur Zeit nichts Gutes erhoffen lässt.
Info: FORM 8-K vom 2009-07-09
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Section 3 – Securities and Trading Markets
Item 3.01
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.
On May 15, 2009, the OTC Bulletin Board (“OTCBB”) notified us that we were delinquent with respect to our Annual Report on Form 10-K for the year ended December 31, 2008 due to such filing being incomplete. As a result, we were not current in our reporting obligations and not eligible for quotation under NASD Rules 6530 and 6540, respectively.
For a security to be eligible for quotation on the OTC Bulletin Board, (“OTCBB”), NASD Rule 6530 requires, in part, that the issuer of the security be required to file reports with the Securities and Exchange Commission (the “Commission”), pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 (the “34 Act”), subject to a 30 calendar-day grace period. NASD Rule 6540 provides that a FINRA member cannot enter OTCBB quotations for securities if a required report is not available through the Commission’s Electronic Data Gathering, Analysis, and Retrieval (“EDGAR”) system, unless the member provides the FINRA with a copy of the issuer’s report prior to the expiration of the grace period provided by Rule 6530, or ensures that this report in provided within that time frame. Rules 6530 and 6540 are collectively referred to as the “Eligibility Rule.” In order for a filing to be complete, it must contain all required certifications and have been reviewed or audited as applicable, by an accountant registered with the Public Company Accounting Oversight Board.
We failed to file, in a complete form, our Annual Report on Form 10-K for the year ended December 31, 2008 by expiration of the applicable grace period. Therefore, we were not current in our reporting obligations and in accordance with the Eligibility Rule, our securities are not eligible for quotation on the OTCBB.
Effective July 9, 2009, our common stock will be removed from the OTCBB.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
QUEST MINERALS & MINING CORP.
(Registrant)
§
Date: July 8, 2009
By:§
§/s/ Eugene Chiaramonte, Jr.
Eugene Chiaramonte, Jr., President
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Also, wir versuchen weiter - an Infos zu kommen und warte somit weiter ...
Other Events
Item 8.01 Other Events
The board of directors of Quest has approved a 1-for-100 reverse stock split of its currently outstanding shares of common stock. The pre-split total shares of common stock outstanding was 1,1,62,945,271 and post-split total shares of common stock outstanding will be 11,629,453 (subject to adjustment for settlement of fractional shares, which will be rounded up to the nearest whole share). On August 3, 2009, we received notice from FINRA/OTC Corporate Actions that the reverse stock split take effect at the open of business on August 4, 2009. Our new symbol on this date will be "QMIN.PK."
........dann hab ich noch 95 Stück. Brauch ich also nie mehr verkaufen.........
Ich halte dann noch 51 Stück.
Die werde ich dann meinen Enkeln mal persönlich übergeben.
Nun ist das Geld sowas von futsch.
Bei der Ralley letztes Jahr stand ich auch mal nicht schlecht....... hab aber auch nicht verkauft. Na ja.
Quest muß nur auf ~89€ steigen und schon bin ich im grünen Bereich........
DIE FOLGENDE AKTIE IST AB SOFORT AUSGESETZT:
THE FOLLOWING SHARE IS SUSPENDED WITH IMMEDIATE EFFECT:
INSTRUMENT NAME KUERZEL/SHORTCODE ISIN BIS/UNTIL
Quest Minerals&Mining Corp. QMN8 US74835X4007 auf weiteres
until further notice
http://www.finanznachrichten.de/...qmn8-aussetzung-suspension-029.htm
Mir reicht es schon, das die Kurse in °de° zeitversetzt sind - da müßen es nicht auch noch die °news° sein....
Hier noch direkt zum Anbieter:
http://finance.yahoo.com/q?s=QMIN.PK
.......sollte ja heute nachmittag (deutsche Zeit) ca. 30~40 USct wert sein........
hier immer die Org.Nachrichten zu QUEST:
UNITED STATES SECURITIES AND EXCHANGE COMMISSION:
2009-08-03 R/S: 8-K 1 v156257_8k.htm
Stuttgart 0,03 180 0,005 +20,00% 10.08. 10:32 0 0,02 0,07 0 0,075 0,02 5.180
Fra. 0,035 3.000 0,025 +250,00% 10.08. 11:21 50.000 0,02 0,04 50.000 0,035 0,015 15.585
PATERSON, N.J., Aug. 12, 2009 (GLOBE NEWSWIRE) -- Quest Minerals & Mining Corp. (Pink Sheets:QMIN) (Frankfurt:QMN9), a Kentucky-based operator of energy and mineral related properties, announced today that its wholly owned subsidiary, Gwenco, Inc., has received new coal orders from a large coal production and distribution company.
Eugene Chiaramonte, Jr., President of Quest, stated, "We have received new orders from a large coal operation, and we are filling these orders. This new account has also indicated that it will continue to order more coal from us for the foreseeable future. After a disappointing first half of 2009, we are starting to see signs that demand for coal, both in the United States and abroad, is rebounding and getting stronger. In addition to our new account, other coal purchasers have indicated their interest in purchasing our coal. We are also encouraged by industry analyst reports that international exports, particularly to Asia, are dramatically increasing due to increased steel mill production, and that U.S. steel producers are also showing positive signs."
Quest also stated that it anticipates announcing its second quarter operating results between August 14 and August 19, 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
Form 10-Q -- Quarterly report [Sections 13 or 15(d)]
Period of Report: 2009-06-30
Filing Date Changed: 2009-08-14
Documents: 18
§
SEC Accession No. 0001144204-09-043493
Filing date: 2009-08-14
Accepted: 2009-08-14 14:38:17
SEC - Table of submitted documents
PATERSON, N.J., Sept. 2, 2009 (GLOBE NEWSWIRE) -- Quest Minerals & Mining Corp. (Pink Sheets:QMIN) (Frankfurt:QMN9), a Kentucky based operator of energy and mineral related properties, today announced the integration of a Joy 14-9 miner to allow for higher coal production.
The equipment upgrade replaces an existing Joy 14-5 and is intended to operate in conjunction with their Joy 14-10 miner.
Eugene Chiaramonte, Jr., President of Quest, commented, "This piece of machinery is capable of generating between 1,300 and 1,500 raw tons of coal in an eight hour period. That is more than double the proficiency output of the 14-5. Having the two miners working in cycle also allows for less downtime. While one machine sets up for a heading change, the other miner continues on with coal production. With the price of coal starting to rise once more, we are already starting to see an increased demand for our metallurgical compatible grade coal. This equipment expansion will allow us to stay competitive."
Furthermore, the company has recently included two additional shuttle cars to aid in production transport as well.
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
Lächerliche 51 Aktien sind mir noch geblieben :(
Ich kann garnicht soviel traden, wie ich im minus bin ;)
Schade eigentlich.
Sage und schreibe 51 Aktien hast Du? Da bin ich mit meinen 40 ja ne richtig kleine Leuchte :-)))
Wenn ich jetzt meine 40 Traden würde müsste ich sogar drauf zahlen um den Schrott los zu werden.
Ich lass die Dinger einfach, als abschreckendes Beispiel für Invests in Zockebuden, in meinem Depot.
Die "Kohle" ist eh schon abgeschrieben :-)))