EXPM:QRMLF - Post by User
Comment by
StockscoutXon May 28, 2016 12:59pm
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Post# 24912997
RE:50 months - Down 94%
RE:50 months - Down 94%At urwatch. I am not amazed that they are still listed but if you do a bit of digging you will soon find out that:
1) QRM has both federal and provincial government backing.
2) QRM is considered in a federal report as one of the strategic companies to eventually supply HREE.
3) The people at the helm of QRM are tightly plugged in with the financial and political sector.
4) QRM have sucessfully progressed in the process to extract and separate HREE with a pilot plant. Furthermore, their process of extraction have considerably reduced waste production and are very competitive should they mass produce.
Sure its obvious that your stated numbers don't look rosy at all for QRM but the whole sector has been hit as well So, its only a question of when major investments comes their way to mass produce the HREE and hope you have a stake in it should it happen.
All in my opinion.