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Q Precious & Battery Metals Corp C.QMET

Alternate Symbol(s):  BTKRF

Q Precious & Battery Metals Corp., formerly Q Battery Metals Corp., is a diversified Canadian mineral exploration with operations primarily based in the Abitibi greenstone belt region of Val d'Or, Quebec. It holds 100% ownership in seven separate precious and critical elements projects in Canada. Its McKenzie East Property is comprised of 43 cells, totaling 1656 hectares (ha) in size. The Golden Valley Property is 1601 Ha in size. The La Corne Project claims were staked by it to cover the Boily-Berube mineral showing, hosting pyrite, chalcopyrite, and molybdenite. There are 14 lithium projects associated with the margins of the La Corne Batholith. Pontax Project claims cover 5,376 hectares in 101 contiguous claims located within the Lithium Triangle. Versant Property is located in the Lac Jerome municipality in the Cote-Nord region of Quebec. The Hector Strategic Metals Property is located in the Manicouagan Region of Quebec. The Gamart Property is located 130 Km west of Labrador City.


CSE:QMET - Post by User

Post by jrussellhustleson May 09, 2024 1:26pm
26 Views
Post# 36031594

How DEEP, DEEP, DEEP, DEEP, DEEP in DEBT is Qmet???

How DEEP, DEEP, DEEP, DEEP, DEEP in DEBT is Qmet???Well if you look at their last financials you will see that their current liabities at that time was $247,406 more than their cash, receivables and pre paid expenses which is BAD ENOUGH to be almost 1/4 MILLION dollars in DEBT, however, they also during that 3 month peroid of these financials had a $348,667 CASH BURN....So if you take that daily average CASH BURN and use it as a reference and multiple it by the 99 days since those financials and add it to the $247,406 DEBT they were already carring you can estimate their DEBT as of today in NOW $633,506.00.....LOL...LOL...LOL.....So maybe an "Optimist" can explain how this company that not only has NO MONEY, and are $633,506.00 in DEBT can do any drilling....I LOVE IT!!!!......Qmet to ZERO????...OH YEAH!!!!
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