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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 soulsister11on Feb 01, 2012 9:01pm
340 Views
Post# 19477248

Bids and Leak

Bids and Leak

We have to admit that those are huge bids, from 2 different houses (NatBank and CIBC), and as previously posted they are not chasing the stock on the way up. Just waiting to get filled... Interesting...

BTW, I don't understand Buddy when he says a 107k bid at 0.33$ is bullsh... ?? C'mon man !! Would anyone be throwing such bids just for  fun ?? I doubt it, and that makes me think results are due out pretty soon (as we all know) and some people could have received some information before everyone else...

 On the other hand, maybe I'm wrong and those buyers simply take position at a low level knowing the downside risk is limited ??  Interesting anyways...

 

SS11

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