|
SIGN UP for FREE
Sign up to receive our free Ubika Research Junior Resource Stock Watchlist report
Company Spotlight
Allana Potash Corp. (TSX: AAA)
Allana Resources Inc. (TSX: AAA) is a well financed Canadian potash company focusing on the + Read More
|
 |
The Ubika Research Junior Resource stock watchlist
Queenston Mining Inc. (Symbol: T.QMI) |
| Company Name: |
Queenston Mining Inc. |
| HQ Location: |
Toronto, Ontario |
| Company Website: |
http://www.queenston.ca |
| Shares Outstanding |
74.75 Million |
| Closing Price (Dec 31, 2010) |
$5.98 |
Market Cap: |
$447 Million |
| Average Daily Volume |
124,000 |
|
|
|
The Ubika Research Resource Stock Watchlist is a feature that profiles junior mining stocks. Visitors will discover high potential Canadian mining stocks, the best gold stocks, small cap energy stocks and junior gold companies through this very popular feature.
Share Highlight / 1-Year Stock Chart
|
|
|
Business Overview
Queenston Mining Inc. is a Canada-based junior gold exploration and development company. The Company’s primary assets are its property holdings located in two of the Canada’s most famous gold camps, Kirkland Lake, Ontario and Cadillac, Quebec. In the Kirkland Lake gold camp the Company has interests in eight gold deposits. In Cadillac, the Company owns two gold properties, which are adjacent to the La Ronde and Lapa gold deposits operated by Agnico Eagle Mines Inc.+ More info
What is interesting about Queenston Mining Inc. (T.QMI)?
- Queenston is the largest land owner in the Kirkland Lake Gold Camp and controls 200 square kilometres of mineral properties in the Kirkland Lake gold camp in Ontario, which has historically produced over 40 million ounces of gold.
- Queenston’s Kirkland projects include Kirkland East and Kirkland West properties. The Kirkland East properties consist of 1,109 mineral claims (23 properties), which Queenston owns 100%. The Kirkland West properties consist of 142 mineral claims (seven properties), which are 50/50 joint ventures with Kirkland Lake Gold (TSX: KGI), as well as a 100%-owned property adjacent to the JV land.
- In October 2010, Agnico-Eagle Mines Ltd. (TSX: AEM) announced a $35 million strategic investment in QMI. The companies also agreed to a technical services agreement, providing Queenston access to Agnico’s geological and mining engineering teams. Agnico now owns 11% of QMI’s fully diluted shares.
- In the Kirkland Lake area, QMI has exposure to 1.2 million oz of attributable NI 43-101 Au resources.
- Its other major gold property packages are in the Cadillac gold camp in Quebec. At its Cadillac Gold properties, it has combined resource net of approximately 525,000 oz in four deposits and is targeting surface, bulk tonnage potential along Cadillac Break.
- The company believes that it has potential to discover approximately 8 million ounces of gold at its properties.
- The company has strong balance sheet with over 70 million dollar in cash to carry exploration and development programs.
Risks
Queenston Mining Inc. is an early stage exploration company. The commercialization risks associated with mineral exploration and development are high and its prospects for discovering economically viable resources are uncertain. Gold prices can fluctuate and a decline in gold could impact the share price of the company adversely. Early stage exploration companies typically needs significant amount of capital and although currently well financed, Queenston Mining may still require additional financing. This could result in shareholders’ dilution.
Queenston Mining Inc. News
Ubika Research Disclosure
Ubika Corporation, its affiliates or its divisions including smallcappower.com are not registered with any financial or securities regulatory authority, and do not provide nor claims to provide investment advice or recommendations to readers of this report. The information in this report is designed to present the opinion of Ubika’s analysts and what they believe to be the objective prospects of the highlighted company.
Copyright
The content on this site may not be reproduced in whole or in part, or further distributed or published or referred to in any manner whatsoever, nor may the information, opinions or conclusions contained in it be referred to without in each case the prior express written consent of Ubika Research, a division of Ubika Corporation.
Disclaimer
Ubika Corporation, its affiliates or its divisions including smallcappower.com are not registered with any financial or securities regulatory authority, and do not provide nor claims to provide investment advice or recommendations to readers of this report. The information in this report is designed to present the opinion of Ubika’s analysts and what they believe to be the objective prospects of the highlighted company.
Queenston Mining Inc. may enter into a commercial relationship with Ubika Corporation, Investor Cubed or our affiliates for research coverage and capital market services and may pay fees and or shares or stock options or warrants for being mentioned at smallcappower.com. Hence the highlighted company information is an advertisement only and does not and will not constitute an offer to buy or sell securities in the highlighted company.
| Was any fee (either in Cash or in Stocks/Options) paid by the company to smallcappower.com or its principal’s Ubika Corporation and/OR Investor Cubed Inc for providing services |
No |
| |
|
| Common Stock/Options Ownership in Queenston Mining Inc. |
|
| Analyst(s) |
No |
| Analyst’s family members |
No |
| Analyst’s firm, their affiliates and/or subsidiaries |
No |
[Know More]
Important!
Smallcappower.com is owned and operated by Ubika Corporation whose divisions include Ubika Research and Ubika Communications. The following terms and conditions (“Terms of Use”) govern the use of this website (“site”) www.SmallCapPower.com. By accessing this site, you agree to comply with and be legally bound by the Terms of Use as set out herein. Ubika reserves the right to seek all remedies available at law and in equity for violations of these Terms of Use, including the right to block access from a particular internet address to our site.
Privacy Statement
We are committed to protecting the privacy of all personal information obtained from any visitor to our website. This privacy statement explains what personal information we may collect from a visitor to our website, and the purposes for which it will be used. By signing up or by being a visitor to our website we believe you have read and is in agreement with the policies and data practices set out below.
We collect and process information that visitors to our website provide for specific purposes. This may include demographic information such as visitor's name, email addresses, mailing address and telephone number. We use the information to provide visitors with the specific information, product or services that they either request from us or we deem may be suitable to your interest. We will also regularly communicate with our visitors. We may keep a record of any correspondence with a visitor to our website.
Disclosure of Information
We may disclose information to government bodies and law enforcement agencies for their enforcement purposes. We may also disclose information provided by visitors to our website to other third parties where this is necessary for the purposes set out in this privacy policy. We will not sell, rent or disclose your information to any third parties other than those set out in this privacy policy without the consent of a visitor to our website.
Changes to the Privacy Policy
This privacy policy may change from time to time as we develop the range of services on the website. When this privacy policy changes, we will notify all users about the revised privacy policy with a 7 day notice period to cancel the subscription if you so choose. If we don't hear from you after 7 days we will deem that you have accepted our revised privacy policy. Regularly reviewing this page ensures that a visitor is aware of what information we collect, how we use it and under what circumstances, if any, we will share it with other parties. This statement was last updated on November 10, 2009.
Copyright
The content on this site may not be reproduced in whole or in part, or further distributed or published or referred to in any manner whatsoever, nor may the information, opinions or conclusions contained in it be referred to without in each case the prior express written consent of Ubika Communication, a division of Ubika Corporation.
Disclaimer
- Ubika Corporation, Investor Cubed Inc, its affiliates or partners will seek to provide services to companies mentioned in smallcappower.com website. Hence, all information available on smallcappower.com should be considered as commercial advertisement and not an endorsement, offer or recommendation to buy or sell securities.
- Specifically all companies mentioned or listed as “Featured Companies” at smallcappower.com and which are shown under the heading “Featured smallcappower.com companies” on the page http://www.smallcappower.com/AllCompanies.aspx have entered into a commercial relationship with Ubika Corporation, Investor Cubed or our affiliates for capital market services and have paid fees and/or shares or stock options or warrants for being featured and mentioned in smallcappower.com. Hence these “Featured Companies” at smallcappower.com are shown at the website as an advertisement only and any mention of these companies does not and will not constitute an offer to buy or sell securities in the featured companies.
- Ubika Corporation and its divisions Ubika Communication and Ubika Research (collectively, “Ubika”) are not registered with any financial or securities regulatory authority in Ontario or Canada, and do not provide nor claims to provide investment advice or recommendations to any visitor of this site or readers of any content on this site.
- The information on this site is for informational purposes only. This site, including the data, information, research reports, press releases, findings, comments, views and opinions of Ubika’s analysts, columnists, speakers or commentators, and other contents contained in it, is not intended to be:
- investment, tax, banking, accounting, legal, financial or other professional or expert advice of Ubika or its affiliates, or
- a recommendation, solicitation or offer by Ubika or its affiliates to buy or sell any securities, futures, options or other financial instruments,
and such information should not be relied upon for such advice. Every user of this site is advised to seek professional advice before acting or omitting to act on any information contained in the site.
- Research reports and newsletters have been prepared without reference to any particular user’s investment requirements or financial situation. Where reference is made to estimate of value or relative value of a specific company, there is no guarantee that these estimates are reliable or will materialize. Readers of these reports and newsletters are advised to conduct their own due diligence before making any investment decisions.
- Ubika does not make independent investigation or inquiry as to the accuracy and completeness of any information provided by the featured companies. Although the content has been obtained from sources believed to be reliable, this website could include technical or other inaccuracies or typographical errors and it is provided to you on an “as is” basis without warranties or representations of any kind. Ubika and its affiliates make no representation and disclaim all express and implied warranties and conditions of any kind, including without limitation, representations, warranties or conditions regarding accuracy, timeliness, completeness, non-infringement, satisfactory quality, merchantability, merchantable quality or fitness for any particular purpose or those arising by law, statute, usage of trade, or course of dealing. Ubika and its affiliates assume no responsibility to you or any third party for the consequences of any errors or omissions.
- Information in this site is subject to change without notice. Ubika assumes no liability for any inaccurate, delayed or incomplete information, nor for any actions taken in reliance thereon.
- Ubika, its affiliates and their respective directors, officers, employees, or agents expressly disclaim any liability for losses or damages, whether direct, indirect, special, or consequential, or other consequences, howsoever caused, arising out of any use or reproduction of this site or any decision made or action taken in reliance upon the content of this site, whether authorized or not. By accessing this site, each user of this site releases Ubika, its affiliates and their respective officers, directors, agents and employees from all claims and proceedings for such losses, damages or consequences.
- Ubika and its affiliates do not endorse or recommend any securities issued by any companies identified on, or linked through, this site. Please seek professional advice to evaluate specific securities or other content on this site. Links, if any, to third party sites are for informational purposes only and not for trading purposes. Ubika and its affiliates have not prepared, reviewed or updated any content on third party sites and assume no responsibility for the information posted on them.
- Ubika and/or its affiliates and/or their respective officers, directors or employees may from time to time acquire, hold or sell securities and/or commodities and/or commodity futures contracts mentioned in this site.
- This site may include forward-looking statements about objectives, strategies and expected financial results of companies featured in this site or where research reports are available on companies displayed and/or featured on this site. Such forward-looking statements are inherently subject to uncertainties beyond the control of such companies. The users of this site are cautioned that the company’s actual performance could differ materially from such forward-looking statements.
- World Wide Web sites accessed by hypertext links (“hyperlinks”) appearing in this site have been independently developed by parties other than Ubika and Ubika has no control over information in any hyperlinked site. Ubika is providing hyperlinks to users of this site only as a convenience. Ubika makes no representation and is not responsible for the quality, content or reliability of any information in any hyperlinked site. The inclusion of any hyperlink in this site should not be construed as an endorsement by Ubika of the information in such hyperlinked site and does not imply that Ubika has investigated, verified or monitored the information in any such hyperlinked site. Should you wish to inquire about creating a link from your world wide web site to this site, contact SCP marketing via e-mail at: info@smallcappower.com for written authorization.
- Stockgroup Inc, Reuters and other “feed” services are not related to and are independent of Ubika. Ubika is providing information from Reuters and other “feed” services to you as a convenience. Ubika did not investigate or verify any such information and the inclusion of any such information does not imply that Ubika endorses it. Ubika makes no representation as to the accuracy of such information.
- Any non-personal communication, comments, ideas or material you post or transmit to Ubika through its website is, and will be treated as, non-confidential and non-proprietary. By transmitting or posting any communication or material to this web site you grant to Ubika and all of its affiliates, an unrestricted, irrevocable license to use, reproduce, display, modify, transmit, distribute, publish, broadcast or post your communication for any purpose. You also agree that Ubika is free to use any ideas, concepts, know-how or techniques that you send us for any purpose through this website. However, we will not release your name or otherwise publicize the fact that you submitted materials or other information to us through this website unless:
- you grant us permission to do so;
- we first notify you that the materials or other information you submit to a particular part of a site will be published or otherwise used with your name on it; or
- we are required to do so by law.
COPYRIGHT & TRADEMARKS
- Any and all content, data, graphics, photographs, images, audio, video, software, trademarks, service marks, trade names and other information (collectively, the “Content”) on this site is proprietary to Ubika Corporation, its affiliates and/or third-party licensors and is protected by Canadian and international copyright and trademark laws. The Content may not be reproduced in whole or in part, or further distributed or published or referred to in any manner whatsoever, nor may the information, opinions or conclusions contained in it be referred to without in each case the prior express written consent of Ubika Corporation. [You may download and print one copy of the Content for your own informational purposes provided you agree to maintain any and all copyright or other proprietary notices contained in such Content. Any other reproduction or distribution of the Content, in whole or in part, is strictly prohibited except with the prior written permission of Ubika Corporation.] To obtain written consent for such reproduction, please contact us at info@smallcappower.com.
- The display of trade marks in this site does not imply that a license of any kind has been granted.
- Canadian laws apply to this site and to the use of this site by any user, notwithstanding the domicile, residence or physical location of the user. The user of this site submits and attorns to the exclusive jurisdiction of the courts of the Province of Ontario to determine any proceeding arising out of the use of this site.
YOU ACKNOWLEDGE THAT YOU HAVE READ THESE TERMS OF USE, UNDERSTAND THEM AND AGREE TO BE BOUND BY ALL OF THE TERMS AND CONDITIONS IN THESE TERMS OF USE.
SAFE HARBOUR STATEMENT FOR US RESIDENTS OR INVESTORS
Ubika Corporation is not registered with any United States (US) financial regulator and does not intend to or claim to provide financial advice to United States residents or offer to buy or sell securities to or on behalf of United States residents. The information set forth in various reports on this site contain "forward-looking statements." Statements in the reports, which are not purely historical, are forward-looking and include statements regarding beliefs, plans, expectations or intentions regarding the future.
Except for the historical information presented herein, matters discussed in any document on this site contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. Statements that are not historical facts, including statements that are preceded by, followed by, or that include such words as "estimate," "anticipate," "believe," "plan", "intend", "expect", "may" or "should" or similar statements are forward-looking statements. Risks and uncertainties for the companies mentioned on this site include, but are not limited to, the risks associated with the impact of general economic conditions in countries in which these companies conduct business, the impact of competitive products and pricing, product demand and market acceptance, new product development, the continuation and development of key customer and supplier relationships, and the availability of high quality, qualified personnel and management. Other risks include but are not limited to factors affecting development and expansion activities generally including access to capital to meet all of the highlighted companies' financial requirements, and their ability to control costs. There can be no assurance that the highlighted companies' efforts will succeed and the companies will ultimately achieve sustained commercial success. These forward-looking statements are made as of the date of this document, and neither Ubika Corporation and its divisions- Ubika Research and Ubika Communication- nor the highlighted companies assume any obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although management of the highlighted companies may have advised Ubika Corporation that they believe that the plans, expectations, beliefs and intentions contained in the information provided to Ubika and reproduced in the report are reasonable, there can be no assurance those beliefs, plans, expectations or intentions will prove to be accurate.
Safe Harbor Statement for US Residents/ Investors
Ubika Corporation is not registered with any United States (US) financial regulator and does not intend to or claim to provide financial advice to United States residents or offer to buy or sell securities to or on behalf of United States residents.
The information set forth in various reports on this site contain "forward-looking statements." Statements in the reports, which are not purely historical, are forward-looking and include statements regarding beliefs, plans, expectations or intentions regarding the future.
Except for the historical information presented herein, matters discussed in any document on this site contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. Statements that are not historical facts, including statements that are preceded by, followed by, or that include such words as "estimate," "anticipate," "believe," "plan", "intend", "expect", "may" or "should" or similar statements are forward-looking statements. Risks and uncertainties for the companies mentioned on this site include, but are not limited to, the risks associated with the impact of general economic conditions in countries in which these companies conduct business, the impact of competitive products and pricing, product demand and market acceptance, new product development, the continuation and development of key customer and supplier relationships, and the availability of high quality, qualified personnel and management. Other risks include but are not limited to factors affecting development and expansion activities generally including access to capital to meet all of the highlighted companies' financial requirements, and their ability to control costs. There can be no assurance that the highlighted companies' efforts will succeed and the companies will ultimately achieve sustained commercial success. These forward-looking statements are made as of the date of this document, and neither Ubika Corporation and its divisions- Ubika Research and Ubika Communication- nor the highlighted companies assume any obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although management of the highlighted companies may have advised Ubika Corporation that they believe that the plans, expectations, beliefs and intentions contained in the information provided to Ubika and reproduced in the report are reasonable, there can be no assurance those beliefs, plans, expectations or intentions will prove to be accurate.
The forward looking statements contained in the research reports and other document have been prepared by management of the highlighted companies who believe and have so advised Ubika Corporation and its divisions- Ubika Research and Ubika Communication, without independent verification by Ubika that a reasonable basis exists for making such statements.
|