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.

EXPM:QRMLF - Post by User

QUEST RARE MINERALS LTD

Bullboard Posts

Comment by European1on Oct 06, 2010 7:12pm

296 Views

Post# 17537824

RE: RE: RE: RE: RE: RE: RE: RE: PRICE OF PP

What a shame!

I don't understand how these companies get tricked by these brokers into doing such crappy deals.

They marketed before to clients who were all basically guarenteed a place in the placement. They then short the hell out of the stock while the broker takes its sweet time to close the deal. This should be done in 2 days tops. The fact they are still at this is embarrasing and only smells of Dundee pumping cheap stock and options into there clients like a vulture while long-holders who have no access to the placement (or very little) get punished.

It would be great if these juniors could some day get some real advice and not the kind that lines the pockets of new share holders and screws value for the old ones.

From the high a month ago or so, we're looking at a discount of 25%+. Pathetic. And the regulators should really have a closer look at how these brokers pilage these companies. I can guarentee Dundee is getting a whole wack of warrants as a fee.

Same thing happened to Commerce Resources last year. It's a scam.

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