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QUEST RARE MINERALS LTD V.QRM


Primary Symbol: QRMLF

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.


EXPM:QRMLF - Post by User

Post by StockscoutXon Sep 10, 2019 4:37pm
298 Views
Post# 30114222

China and USA is actually in a trade war.

China and USA is actually in a trade war.Most likely it will be for years to come. Probably there is speculation that QRM could become viable as the next producer of rare earth metals because China will put a strangle hold on their metals going forward. QRM has some of richest deposits on earth of REE metals but needs an investor with deeps pockets to revive the company. The speculation here seems to indicate that some is going on in that front. All in my opinion.
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