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MetalQuest Mining Inc V.MQM

Alternate Symbol(s):  MQMIF

Metals & Mining Industrial Metals & Minerals
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

MetalQuest Mining Inc
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Post by Vasavattion Feb 10, 2012 1:32pm
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Post# 19516903

Valuation

Valuation

Here's an example of what ELN may be worth if they can get production going in Bathurst. Of course TV has a larger and more valuable asset base. The smarties with the calculators here can do their own math.

https://www.trevali.com/i/pdf/Trevali-NorthernMinerReprint-January2012.pdf

For the record I don't own shares in ELN or TV. Just checked my portfolio and ELN must have been sold off on a stop-loss prior to consolidation.

Bullboard Posts
Dealroom for high-potential pre-IPO opportunities