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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

Post by riddlethison Jan 04, 2012 4:47pm
323 Views
Post# 19370282

No worries

No worries

Considering the volumes that CJC traded over the past weeks,
the drop today should be considered a buying opportunity.
Some investors bought more shares than they could afford,
in anticipation of a quick release of assays.
This is just a shaking of those weaker more nervous investors.
Nothing has changed with the company, and investors will see that
reflected in the rebounding of the share price in the coming days.

 

riddlethis

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