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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 nicky1969on Jan 27, 2012 12:07pm
264 Views
Post# 19457597

Doing some DD

Doing some DD

I know many are tired of the delay but if you look at the big picture this could be huge.  Now looking at some other REE plays from GMA to CCE the market cap of any REE hit should be at anywhere from 20-50 million.  With our low float that should take the SP to 1.00-2.50 within days of release veryfying REE. Even if they are light REE like GMA.

  Now if they are good HREE and with our light float this could be 3.00-6.00 in a blink.  People can not argue with me on those numbers if we hit......the question is what did we hit in holes 4-12.  The SP will follow on what it is

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