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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 uwatcheron Jan 27, 2015 8:32pm
110 Views
Post# 23370403

RE:RE:Let's be honest...

RE:RE:Let's be honest...That question is answered by this important question; is QRM's resource(s) still economically feasable with the massive downward pressure on (H)REE prices? 

If not, then no billion dollar! Simple.

manjal wrote: totally agree with you uwatcher. until major change in China's REE policy most of rare earth stocks in north america & australia are dead. 

i wonder how Quest will be able to raise over billion & half dollars for the infrastructure, without which the production can not begin. 


Bullboard Posts