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Q Precious & Battery Metals Corp C.QMET

Alternate Symbol(s):  BTKRF

Q Precious & Battery Metals Corp., formerly Q Battery Metals Corp., is a diversified Canadian mineral exploration with operations primarily based in the Abitibi greenstone belt region of Val d'Or, Quebec. It holds 100% ownership in seven separate precious and critical elements projects in Canada. Its McKenzie East Property is comprised of 43 cells, totaling 1656 hectares (ha) in size. The Golden Valley Property is 1601 Ha in size. The La Corne Project claims were staked by it to cover the Boily-Berube mineral showing, hosting pyrite, chalcopyrite, and molybdenite. There are 14 lithium projects associated with the margins of the La Corne Batholith. Pontax Project claims cover 5,376 hectares in 101 contiguous claims located within the Lithium Triangle. Versant Property is located in the Lac Jerome municipality in the Cote-Nord region of Quebec. The Hector Strategic Metals Property is located in the Manicouagan Region of Quebec. The Gamart Property is located 130 Km west of Labrador City.


CSE:QMET - Post by User

Comment by givemeabreak1on Nov 14, 2020 11:11am
56 Views
Post# 31901184

RE:RE:RE:RE:boo hoo shorts

RE:RE:RE:RE:boo hoo shortsDroit let us say Apple is trading at $120 US and the strike price on the option is $110 that would mean the value of the option is share price minus stock price plus time value.  So you would have 120-110 or $10 value plus time!  Given with only 4 hours left the time value would literally be pennies.  So let us assume for simplicity time value = $1 so the options would be selling at $11.  You have your $5000 bet divided by $11 so you could theoretically buy 454 options but as i recall you would have to be in the 100 lot so 400 options.  So to make $110,000 profit your options would have had to return to you $115,000.  So $115K divided by 400 options = $287.50 ea.  In order for the options to be worth $287.50 the stock price would have had to risen to almost $400 a share so over 300% in 2 hours lol!
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