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Quebec Precious Metals Corporation V.QPM

Alternate Symbol(s):  CJCFF

Quebec Precious Metals Corporation is a Canada-based gold explorer with a land position in the prospective Eeyou Istchee James Bay territory, Quebec, near Newmont Corporation’s Eleonore gold mine. The Company focuses on advancing its Sakami gold project and its newly discovered, drill-ready Ninaaskuwin lithium showing on the Elmer East project. In addition, the Company holds a 68% interest in the Kipawa rare earths project located near Temiscaming, Quebec. The Sakami project consists of one large contiguous block of 281 mineral claims and includes the contiguous claims, which are located 90 km northwest of the Eleonore mine, 570 km north of Val-d'Or and 900 km northwest of Montreal. The Cheechoo-Eleonore Trend project lies about 24 km northwest of the Eleonore mine. The Elmer East project consists of 929 claims, which is located along a trend from the recent Patwon Prospect gold discovery made by Azimut Exploration Inc. It also holds interest in the Matheson Joint Venture project.


TSXV:QPM - Post by User

Post by StockscoutXon Aug 02, 2018 12:29pm
100 Views
Post# 28404953

This stock is a total flop!

This stock is a total flop!Was suppose to be a new beginning and totally refinanced but the new start was totally botched.

Gold exploitation only happens when water does not freeze. Therefore, more than half of the season where gold can be exploited is already gone.

Also, no news on the drilling results from Matamec after the fusion.

Moreover, have you seen the SP of many stocks that are in the same field? Not worth much. What's the price of gold per ounce that would be necessary to make any exploitation profitable at CJC?

All in my opinion.
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