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QUEST RARE MINERALS LTD 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 STXinvestigatoron Aug 23, 2017 9:34am
300 Views
Post# 26611393

QRM Shareholders.....be warned!

QRM Shareholders.....be warned!

Within the next FIVE years, should any entity of any kind acquire the assets of QRM, to the detriment of the current public shareholders, then it is imperative that a forensic investigator be hired to determine if there are any relationships of any kind between the successor entity(ies) and Lortie, plus his Board of Directors.  Any evidence of any ties or benefits received (past, present, or future) by the successor entity(ies) vis a vis Lortie and his Board of Directors constitutes actionable grounds for litigative remedy, in terms of both civil and crimnal charges.  With respect to the civil aspect of such litigation, there would be substantive grounds for massive compensatory, punitive, and exemplary damages.

I have provided categorical empirical evidence that Lortie and the Board of Directors have breached their fiduciary duty to QRM public shareholders, in failing to secure investment capital when there are obviously considerable sources available (See recent REEMF announcement pertaining to  approx. $10 million of new capital), instead opting to place the company into bankruptcy court, in order that secured creditors can divide the corporate assets, either for their own benefits or the benefits of a successor entity(ies), all to the detriment of the QRM public shareholders who invested massive amounts of capital to develop QRM assets over the past many years.

Bullboard Posts