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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

Bullboard Posts
Comment by candysampleson Sep 20, 2011 2:15pm
307 Views
Post# 19062555

RE: J P Morgan downgrade for MCP

RE: J P Morgan downgrade for MCPBasically the jig is up.  Nice deposit but the capital cost is just too great to make this company feasible.  If it was so great it would have been scooped up by someone long ago.  Don't worry about Mr D., you can bet he made his money on this long ago as he does with everthing he pumps.

I never owned this beast of burden and the same goes with AVL (another too great of capital to be feasible) but have made money in others.  But am all out now TC!  Expect MCP to drag all these plays even lower.

Set a floor or a stop loss if you're concerned.  Good luck with this one.
Bullboard Posts