QUEST MINERALS & MINING CORPORATION (OTCBB: QMMG) Want to witness the potential return of penny stocks On 09/26/2006 U.S. Sustainable Energy Corp. started trading at $0.0004. A real sub-penny for sure. If you invested $1,000 in USSE on that day you would have purchased 2,500,000 shares. On 10/27/2006, one month later, USSE closed at $0.72. Your 2,500,000 shares would be worth $1,800,000 for a 179,000% return ! OTCBB: QMMG could represent a similar opportunity. QMMG Is trading at only $0.005 This could be the BIG ONE.....
Quest Minerals & Mining Corporation acquires and operates energy and mineral-related properties in eastern Kentucky, southwestern West Virginia, and western Virginia. Quest has positioned itself as one of the leaders in mining with excellent market opportunity. It has retained a reserve of 16 million tons at $50 a ton which equates to a capital reserve of more than 800 million. Quest has also relied heavily upon the local expertise, long standing local connections, operational experience and corporate experience to establish itself as a leader in this market. Analysts expect coal profits to rise further as the cost of natural gas and oil increases. Analysts expect the demand for coal to double in the next 20 years. The coal boom continues to fuel soaring company profits: · The biggest U.S. coal producer, Peabody Energy, made a profit of $260 million in the first three quarters of 2005. That put the company on track to double its annual profits from the previous year. · The nation's second largest coal mining company, Arch Coal, also had higher properties, up about 25 percent, to $91 million in the first nine months of 2005. · Average NSW Mines export thermal coal prices topped A$61 per ton in the March quarter 2005, 55% above the same quarter in 2004. · Average NSW hard coking coal export prices exceeded A$90 per ton in the March quarter 2005, an increase of 33% over the December quarter 2004 and 53% higher than the March quarter 2004. · Xstrata - 2004 annual profit up 277% on 2003; · BHP Billiton - record half-yearly profit, up 127% from the corresponding period in 2003; · Excel Coal net profit for the six months ended December 2004, up 427%. Global coal production is expected to reach 7 billion tons. US Coal Production The US coal industry profits are worth about $67 Billion per year. The US is the second largest producer and consumer of coal in the world (China being first). Quest Minerals lies in the heart of Kentucky, which is the third largest coal state in the US, earning a profit in 2006 of $160 Million, increasing profits by 400% from 2005. With coal prices in the Central Appalachia region (where Kentucky is located) soaring to the highest in the US at $61.00 per short ton. Coal Production - Over 4030 Mt of coal is currently produced - a 38% increase over the past 20 years. The largest coal producing countries are not confined to one region - the top five producers are China, the USA, India, Australia and South Africa. Kentucky Coal The second largest producing and consuming coal country, is the USA, as shown above. With-in the USA lies Kentucky, one of the top three coal producers in the United States for the last 50 years. a.. coal powers the state literally and figuratively. coal provides 91% of the state's electrical power and mining is the state's largest industrial employer. b.. Electricity - Average electricity costs in Kentucky were 4.3 cents/kilowatt-hour in 2002, the lowest in the United States. c.. Production - Kentucky produced 131.4 million tons of coal in 2002, compared to the record production of 179.4 million tons set in 1990. Kentucky has been one of the top three coal producers in the United States for the last 50 years. d.. Employment - The Kentucky coal industry paid $742.3 million in direct wages in 2002, directly employing 15,584 persons and indirectly providing 3 additional jobs for every miner employed. The average weekly wage for coal miners in Kentucky was $916 during 2002. e.. Economy - The Kentucky coal industry brought over $2.5 billion into Kentucky from out-of-state during Fiscal Year 2000-01 through coal sales to customers in 27 other states and 11 foreign countries. Kentucky coal companies paid $141.5 million in coal severance taxes in Fiscal Year 2002. f.. Coal Markets - Electric power plants, located in 25 states, accounted for almost 67% of the Kentucky coal sold during 2002. g.. Coal Resources - Kentucky has two distinct coal fields, one in Western Kentucky and one in Eastern Kentucky. Kentucky's 88.5 billion tons of coal resources remaining represent 84% of the original resource. This could be the opportunity that you have been waiting for. We could witness a huge potential return with "QMMG" just like U.S. Sustainable Energy Corp. that started trading at $0.0004. A real sub-penny for sure. If you invested $1,000 in USSE on that day you would have purchased 2,500,000 shares. On 10/27/2006, one month later, USSE closed at $0.72. Your 2,500,000 shares would be worth $1,800,000 for a 179,000% return ! QMMG could represent a similar opportunity.
