Jim
After a 344% one-year gain, market cap is now $75M. It has little cash, no revenue, losses and negative cash flow. Insiders own 6% and have been recent buyers. There are some promoters involved here that we do not like (S. Inwentash and family own 9%). QIMC advances natural hydrogen exploration in multiple regions. In Nova Scotia's Advocate-Cumberland Basin corridor, the company expanded its Phase 1 winter drilling program to over 5,000 meters, supported by geophysical data from INRS, targeting fault-controlled hydrogen systems. The Temiscamingue Natural Hydrogen Corridor in Québec grew from 11km to 15km based on 2025 soil sampling, positioning it for scalable, low-emission energy applications. There is certainly potential here, and grades are good. Hydrogen is getting a bit of an AI-connected boost as it is seen as carbon neutral. But it is early days here, and a lot of time and money is still needed. Performance will be based on drill results. We would consider it 'more' than a lottery ticket but still highly speculative.