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Quebec Precious Metals Corporation V.QPM

Alternate Symbol(s):  CJCFF

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

Comment by ripantuckon Dec 20, 2011 2:45pm
289 Views
Post# 19338931

RE: Damn thing cant hold the 0.60s

RE: Damn thing cant hold the 0.60s Doesn't surprise me at all. I simply don't believe in Technical Analysis in the stock market, but I have noticed that in the CV market, a stock that has been strong on anticipated news during a weak period tends to fall off in price when there is a strong day. I assume that is because people tend to buy the stocks that were weakest hoping for a bounce.This certainly gives everyone a chance to invest in a stock like CJC at lower prices. Beyond that I have no idea what this stock will do in the next few days or weeks until the assays are announced, nor do I think anyone else does, charts or no charts. I suspect rumors will rule this time period.What we are waiting for is the assays.
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