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MetalQuest Mining Inc V.MQM

Alternate Symbol(s):  MQMIF

Metals & Mining Industrial Metals & Minerals
MetalQuest Mining Inc. is a Canada-based exploration stage company engaged in the acquisition, exploration, and development of mineral properties. The Company owns 100% of Lac Otelnuk Iron Ore Project, which is located in Quebec’s Labrador Trough and is approximately 165 km by air northwest of the Town of Schefferville, and 1200 km northeast of Montreal by air. It owns about 306 mining claims located in Nunavik, Quebec. The Company also owns 2.5 million units of Canadian Copper (CCI) and two NSR royalties totaling 1% in Murray Brook PEA Stage Zinc-Polymetallic Deposit, situated in the Bathurst Mining District, New Brunswick, Eastern Canada. It is further looking to develop one of the largest iron ore projects in North America. The Company is focusing its efforts on developing and growing its asset base. The Company also focuses on pursuing acquisitions globally.


TSXV:MQM - Post by User

MetalQuest Mining Inc
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Post by Vasavattion Feb 10, 2012 1:32pm
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Post# 19516903

Valuation

Valuation

Here's an example of what ELN may be worth if they can get production going in Bathurst. Of course TV has a larger and more valuable asset base. The smarties with the calculators here can do their own math.

https://www.trevali.com/i/pdf/Trevali-NorthernMinerReprint-January2012.pdf

For the record I don't own shares in ELN or TV. Just checked my portfolio and ELN must have been sold off on a stop-loss prior to consolidation.

Bullboard Posts
Dealroom for high-potential pre-IPO opportunities