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MetalQuest Mining Inc V.MQM

Alternate Symbol(s):  MQMIF

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

Bullboard Posts
Post by LHBack1on Mar 31, 2016 8:21pm
53 Views
Post# 24717835

Harry Barr sentenced to 3 years in prison for fraud!

Harry Barr sentenced to 3 years in prison for fraud!The Tribunal de  Paix de  Lubumbashi has ordered Harry Barr, Chairman and CEO of Vancouver based El Nino Ventures Inc. to forthwith pay CAD806,750 and USD100,000 in damages.
The court has also ordered the immediate arrest of Harry Barr to commence a term of 3 years in prison. Dec 30,2012

What did Harry Barr do?
He was convicted of Fraud and sentenced to 3 years in Prison because he raised funds for the DR Congo project and these funds were never delivered to the project.
Make your own DD: more info on www.gcp.online
The $806,750 were undoubetly raised in 2010 and you should check the various press releases, financial statements and presentations filed by ELN.
Since 2009 ELN did not drill a single meter in the DR Congo and unfortunately it seems that it was then legitimate to file a claim against ELN's management.
Bullboard Posts