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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 wordsouton Mar 15, 2012 6:20am
266 Views
Post# 19672566

RE: Sweet Valentines

RE: Sweet Valentines

It would appear that 3,204,671 shares have been shorted.  Not if, but when a take out begins this stock will explode.  With over a billion pounds of zinc m & I, a pending zinc shortage, discovery still open to the northwest & the low outstanding number of shares is only the beginning of this story. 

I think that the Kasala property in the DRC will be back in play this year and that alone could easily put this stock in the $2.50 - $3.00 range in short order as it was before the legal action ceased exploration.  Hopefully we will realize this value before any take over happens.

If Pintree Capital & Sheldon would just stick around until some of these things would happen, everyone would benefit.  In and out for pennies isn't investing in my opinion, that's referred to as day trading and that only screws up the real potential of this stock inparticular.

Bullboard Posts