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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 Aug 19, 2017 11:46pm
248 Views
Post# 26600457

RE:QRM-Official response, $ 4.0 million to bankrupcy!

RE:QRM-Official response, $ 4.0 million to bankrupcy!The CEO could have worked for conversion of the 4 million into shares and have kept QRM alive for everyone. Instead and most likely a group a individuals saw an opportunity to pull the plug and yank it away from all shareholders now that it's all set to go on the next step to build a processing plant. I wonder if the CEO let QRM fail deliberately? Another PP could have been acceptable for shareholders.

All in my opinion. 
Bullboard Posts