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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
Post by wordsouton Dec 27, 2012 10:11am
260 Views
Post# 20773842

"POISON PILL"

"POISON PILL"

I spoke with ELN prior to the holiday and asked if they had a "poison pill" and if not were they in the process of creating one or were they going to create one if one is not yet in the making in order to protect our investment from being taken out for pennies vs dollars.  The reply I was given was that they would speak with Harry when he arrived back and let me know whether any such thing exists or is being considered.  They would neither confirm nor deny that they one was being considered or that one was in the making.  Lead & Zinc are on the rise again today.  I say it's only a matter of time before one of the majors discovers us and then the fun will begin with real take out offers!

Bullboard Posts