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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 29, 2016 4:19pm
196 Views
Post# 24914345

RE:RE:RE:50 months - Down 94%

RE:RE:RE:50 months - Down 94%At urwatcher. You are missing the point about QRM but if you are a prurist capitalist then why are you hanging around?

Your way of thinking is also very hypocritical because how many profitable companies in the energy sector makes huge amount of profits while getting massive amount of tax breaks and grants? Governments and financail institutions are very much involved.

You think the aerospace industry, energy industry and other that are of strategic interest for the USA live off of true capitalist principles without government and financail institution involvement? If you think so then you are most likely an ignorant newbie.

If you don't like QRM then nobody is holding you back from moving on. Furthermore, government grants keep dilution to a very minimum should they need to raise cash or until major investments come their way to develop a full blown mining operation. Also share count increase has been kept to a very minimum at QRM.

The Canadian government including the provincial governement see a strategic value to be involved like the Americans do with certain sectors of their economy.

All in my opinion.
Bullboard Posts