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QUEST RARE MINERALS LTD 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
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Post by pavelnedvedon Oct 22, 2010 11:21am
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Post# 17598246

FINANCING @ $4.25

FINANCING @ $4.25

i was under the impression that the financing closed,, so why would the stock now retrace to $4.25?

Is it not  the case that they (market makers) hold the stock in the financing range until the financing is complete?

So, prescient,, you are saying that the opposite will happen here with qrm?  where the stock ran prior to the closing of the fianncing   and now will retrace after the financing closed?

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