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MetalQuest Mining Inc V.MQM

Alternate Symbol(s):  MQMIF

MetalQuest Mining Inc. is a Canada-based exploration stage company engaged in the acquisition, exploration, and development of mineral properties. The Company’s Lac Otelnuk Iron Ore project is an iron ore project in North America situated in Labrador Trough, Northern Quebec, Canada. It owns about 306 mining claims located in Nunavik, Quebec. Its Murray Brook Project is a polymetallic, volcanic hosted massive sulfide deposit and is a NI43-101 compliant mineral resource in the Bathurst Mining Camp. The Murray Brook property consists of Mining Lease 252 and contiguous Mineral Claim Block 4925 (245 claims). The Murray Brook property is located approximately 60 kilometers (km) west of Bathurst, New Brunswick, in Restigouche County, within the BMC.


TSXV:MQM - Post by User

Bullboard Posts
Comment by DrillBit2on Jun 19, 2008 6:55pm
226 Views
Post# 15206677

RE: wondering

RE: wondering
 The company has about $7.5 million in cash.
More than enough for the 2008 work program in the DRC.

 As matter of fact they have almost enough money to buy back "ALL"
their own stock at  20 cents.

 Yes.......it does scream "buy me" at these levels.

 If anybody can find an ore body over there  J.L. can.

 IMO....when the selling dries up.....and we get some positive
drill results...........ELN  has the potential to  "EXPLODE".mq59r

 DB-2......I'm hangin tough !

Bullboard Posts