QUEST RARE MINERALS LTD V.QRM

RE:Prices of heavy rare earths are starting to skyrocket ...

[StockscoutX]

At charliesteen. From all looks of it.

The bankrupcty of QRM was most likely planned about eight months ago when an anonymous entity purchased the $550,000 debenture. What happened afterwards seemed all coordinated with news releases to most likely dupe retail shareholders into believing that all is well even though they lost a major anonymous investor. Looking at the chart there was a controlled linear drop in SP.

Furthermore, didn't the CEO and a few board of directors with a combined experience of over 100 years knew what was going to happen with the violation of TSX rules and regulations when they made news releases that changed the evaluation of the mining project and the consequences it would have? Certainly they knew! Why didn't they take steps right afterwards to abide by TSX rules and regulations?  They had plenty of time and did nothing! The insiders by their actions let the TSX authorities put a squeeze on them and the insiders failed it shareholders. Was it also planned that way? They can't plead ignorance of TSX rules and regulations.

Don't be surprised to see QRM open HREE mine under a new name going forward with most likely a few of the same insiders. Now that they have a global patent to process HREE anything is possible for whoever takes over.

I am betting that those that bought $550,000 debenture is probably an offshore anonymous entity and the insiders will be most likely involved with it but also anonymous.

At this point I am very cynical and think at worst it was a sinister plot motivated by extreme greed to yank QRM away from retail shareholders.

For whatever is worth, the whole thing stinks badly.

All in my opinion.