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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 StockscoutXon May 19, 2015 11:48am
127 Views
Post# 23740967

RE:RE:RE:RE:RE:RE:Yesterdays trades. It was a controlled dump.

RE:RE:RE:RE:RE:RE:Yesterdays trades. It was a controlled dump.At k613. Look at the bright side. You are fully loaded and probably don't need to buy more but some profit taking and keeping a core position would have done some good on your moral. You will have your chance to offload to profit and keep a core position as QRM is mostly news driven for now.

Going forward we just got to wait and see what happens in China and demand around the world for the HREE in the next few month. There is very strong possibility that financial institutions and investors will start making a quiet run in the next few months for these types of stocks before news comes out that the demand is increasing faster than supply. Therefore new mines needs to be developed. It will make it very easy for QRM to raise cash to develop its mine.

Furthermore, it could be a bubble in the making for this sector should the retailers do a run for these stocks knowing new mines needs to be developed.

Moreover, although QRM projects to develop its mine sometimes in 2017 (correct me if I am wrong), who says it could not be fast tracked much sooner if world economy warrant it.

Patience is key here, if you want to profit handsomely. Invest only what you could afford to lose but the risk is worth it.

All in my opinion.
Bullboard Posts