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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 GOLDPLAYA_79on Jan 09, 2012 6:14pm
377 Views
Post# 19383964

We have some hope!

We have some hope!

Gma in Dec'10 went from .70 to 1.10 then retrace and broke the macd and close one day below the 50day moving average. 2 weeks later from that close below 50day positive news came out. So we have hope and we must close above the 50day tomorrow or else it get's really sensitive. I also mention last month about a possible Diamond find who knows! Major Hydrothermal could be anything! Gold could be found as well.

I feel this week is make or break...let's hope we turn around we are way over sold.

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