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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
Post by StockscoutXon Jul 07, 2017 9:52am
216 Views
Post# 26443928

Assuming that it was a setup from long ago.

Assuming that it was a setup from long ago.Too many concidences leading up to the filing of bankruptcy protection. (Correct me if I am wrong)

1) Back in november 2016 a signing of memorandum with anonymous industrial conglomerate. (Was it for real and did that make SP go North to permit family and friends time to get out?)

2) Early 2017 TSX puts a squeeze on them to put out an updated PEA.

3) Not long afterwards they announce that the anonymous industrial conglomerate is gone.

4) PP financing in the works but iffy at best.

5) Talks to transfer QRM from TSX to TSX-V (Did that permit family and friends more time to get out?)

6) QRM chart show a slow and control downward trend of the SP for some time. (Manipulated by the MM for the interest of certain entities?)

7) Six days before filing for bankruptcy protection a global patent for processing HREE is given to QRM. (Did the SP stop bleeding and permited family and friends more time to get out?)

Looks very well orchestrated!

Now that QRM has a cerified patent and ready to develop a mine, from all looks of it the present shareholders gets the company yanked from their hands and somebody else is going to pick up everything for a spit in the bucket.

If that really happens, it's fraudulent and using the system to steal the shareholders! The shareholders made the cake and somebody else is going to eat it! The HREE ore and the patent are not going to dissappear because they might declare bankruptcy down the road, if they have planned that all along.

Was the anonymous industrial conglomerate real or not but just a smoke screen for what has happened down the road and still going to happen?

All in my opinion.
Bullboard Posts