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QUEST RARE MINERALS LTD V.QRM


Primary Symbol: QRMLF

Quest Rare Minerals Ltd is a Canadian exploration company developing Strange Lake rare earth deposit in northeastern Quebec, Canada. The Strange Lake REE deposit contains quantities of all the rare earth metals used in permanent magnets. The company is to become a supplier of rare earth oxides for the permanent magnet industry to be used in variety of industrial and consumer applications including wind turbines, automobiles, consumer electronics and medical equipment. Its project portfolio includes Strange Lake Rare Earth project, and Strange Lake Preliminary Economic Assessment.


EXPM:QRMLF - Post by User

Bullboard Posts
Comment by skydiver069on Aug 20, 2014 9:35pm
221 Views
Post# 22862984

RE:RE:RE:RE:RE:RE:RE:RE:Opex Cash, etc...

RE:RE:RE:RE:RE:RE:RE:RE:Opex Cash, etc...
$2mil doesn't sound like very much if the company is suppose to be doing/producing something.  Aside from that, I can see why you'd be frustrated with a $3/sh entry price.  That's how I feel with Orbite right now, hence why I'm not getting to excited about any QC injected funds.

With respect to insider selling, I'll be sure to review the history.  Interesting that Cashin would sell at $0.85 last year - wonder what the reason for doing so was?
Bullboard Posts