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MetalQuest Mining Inc V.MQM

Alternate Symbol(s):  MQMIF

MetalQuest Mining Inc. is a Canada-based exploration stage company engaged in the acquisition, exploration, and development of mineral properties. The Company owns 100% of Lac Otelnuk Iron Ore Project, which is located in Quebec’s Labrador Trough and is approximately 165 km by air northwest of the Town of Schefferville, and 1200 km northeast of Montreal by air. It owns about 306 mining claims located in Nunavik, Quebec. The Company also owns 2.5 million units of Canadian Copper (CCI) and two NSR royalties totaling 1% in Murray Brook PEA Stage Zinc-Polymetallic Deposit, situated in the Bathurst Mining District, New Brunswick, Eastern Canada. It is further looking to develop one of the largest iron ore projects in North America. The Company is focusing its efforts on developing and growing its asset base. The Company also focuses on pursuing acquisitions globally.


TSXV:MQM - Post by User

Bullboard Posts
Post by Cussyon Apr 05, 2011 9:24pm
329 Views
Post# 18390675

strong volume continues...

strong volume continues...We have had a nice little run... Plenty of room to make some fast cash, but I am holding for the bigger return. The potential here is too great to take a 50-60% return... The chart is asking for some consolidation at around this level... (.11-.14)
RSI is in overbought teritory, but with the drill program in NB gearing up and the PP done, I don't expect this to pull back much... Also, There are suggestions in the NR of aquisitions on the horizon... interesting... Could it be something happening in/sourrounding the DRC??? Don't know at this point, but news could blast us through recent highs quite easily...
 
Cussy, the Windsurfer:)
PS... SXL (Slam exploration) just popped a 309 meter mineralized hole into there NB prop close to ELN... They hit serious mineralization and the hole is open at depth and along strike... This definately bodes well for ELN and their JV!!!!
Bullboard Posts