QUEST RARE MINERALS LTD V.QRM

Primary Symbol: QRMLF

Metals & Mining Industrial Metals & Minerals

Quest Rare Minerals Ltd is a Canadian exploration company developing Strange Lake rare earth deposit in northeastern Quebec, Canada. The Strange Lake REE deposit contains quantities of all the rare earth metals used in permanent magnets. The company is to become a supplier of rare earth oxides for the permanent magnet industry to be used in variety of industrial and consumer applications including wind turbines, automobiles, consumer electronics and medical equipment. Its project portfolio includes Strange Lake Rare Earth project, and Strange Lake Preliminary Economic Assessment.

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QUEST RARE MINERALS LTD

Bullboard Posts

Comment by ThaiDiamondon Dec 03, 2010 10:31pm

397 Views

Post# 17799963

RE: Kaiser on AMEX listing

I would be surprised if it did not get an AMEX listing. That advantages of a big board listing in the US are just to much to pass up. Institutional investors see "liquidity" as a key investment criteria and the American big boards can provide that in spades. More so as the rare earth sector has caught a lot of mainstream interest this year.
One of the reasons, RES has gone up so dramatically is that, apart from Moly Corp, it's the only real 'developing junior' story the institutions can play. Such volume also attracts the shorts, but that's OK. The sharks have the place in the investment universe as they bring more attention—and even more liquidity—to their targeted stocks.
Patience will be needed as the AMEX tighten its regulatory requirement last year. I'd look at a minimum of some 6 months from initiation to get a listing. And yeah, Kaiser is one of the best REE sources...he was talking about RES's AMEX plans in Q4 2009. He got that right!

Bullboard Posts

What is the gold outlook for the rest of 2024?