EXPM:QRMLF - Post by User
Post by
StockscoutXon Oct 02, 2015 2:28pm
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Post# 24158123
Will it turn out to be another has been or what?
Will it turn out to be another has been or what?The last time QRM SP popped upwards was right after an article was written on HREE mentionning QRM back in mid febuary 2015. In just 4 trading days over 6 million shares trade hands pushing SP from 11 cents to a maximum of 28 cents. Also around the same time the PM of Quebec mentioned QRM in a press release.
I now wonder if it was staged to get some select shareholders out and leaving the rest holding the bag. Moreover, on may 12, 2015 SP went from 23 down to 18 cents in one day on no news at all but the trading pattern looked very suspicous. That day there was a programmed bot selling all day at intervals of 500 shares at a time every 20-30 seconds. I believe from that moment onwards potential share buyers that could have pushed SP upwards got spooked and the SP has been slipping from then onwards.
Moreover, its very curious that QRM gets a 5 million dollar government grant lately to continue testing operations for the new process of extracting HREE and the market makers remain idle.
Something tells me that QRM and the market makers are in it together to keep a very low profile because they have planned a big agenda to do a huge score once they have finished bottom feeding.
All in my opinion.