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QML

I last looked at QMines (ASX: QML) on September 6 and they were just over 5 cents. They went up to just over 7 cents (just under my 50% prediction). 

With the price pulling back to just over 6 cents, and the cash raising already done, and drilling underway, there is the chance of another good uptick in the share price. Be aware that there is still limited money available and another cash raising will be done this year, in my opinion. This is part of exploration companies, they are expensive to run. But when they get good results, the share price responds hugely.

The other way to make money off these guys (and others like them everywhere) is to recognise that they are settled in for a long time, buy a rental property and get a "house to rent" notice put up on the company noticeboard.

I will check again in a couple of weeks.

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