Quebec Precious Metals Corporation V.QPM

Alternate Symbol(s): CJCFF

Metals & Mining Gold

Quebec Precious Metals Corporation is a Canada-based gold explorer with a land position in the prospective Eeyou Istchee James Bay territory, Quebec, near Newmont Corporation’s Eleonore gold mine. The Company focuses on advancing its Sakami gold project and its newly discovered, drill-ready Ninaaskuwin lithium showing on the Elmer East project. In addition, the Company holds a 68% interest in the Kipawa rare earths project located near Temiscaming, Quebec. The Sakami project consists of one large contiguous block of 281 mineral claims and includes the contiguous claims, which are located 90 km northwest of the Eleonore mine, 570 km north of Val-d'Or and 900 km northwest of Montreal. The Cheechoo-Eleonore Trend project lies about 24 km northwest of the Eleonore mine. The Elmer East project consists of 929 claims, which is located along a trend from the recent Patwon Prospect gold discovery made by Azimut Exploration Inc. It also holds interest in the Matheson Joint Venture project.

TSXV:QPM - Post by User

Quebec Precious Metals Corporation

Bullboard Posts

Post by miner49er2on Feb 23, 2011 11:56am

330 Views

Post# 18180387

Valuation gap btwn CJC & GMA

GMA
Shares outstanding: 15,583,253
Share price (February 23, 2011): $3.58
Market Cap: $55,788,045

CJC
Shares outstanding: 14,004,660
Share price (February 23, 2011): 65 cents
Market Cap: $9,103,029

> very close proximity
> very similar geology

I think this valuation gap will narrow at some point in time...and the move could be sudden and quite rapid with some news and a little promotion. CJC is not widely followed imo. GLTA

Bullboard Posts

Paramount Resources signs $3.32 billion asset sale