Quebec Precious Metals Corporation V.QPM

Alternate Symbol(s): CJCFF

Metals & Mining Gold

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.

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Quebec Precious Metals Corporation

Bullboard Posts

Comment by cpacon Dec 06, 2004 8:00pm

307 Views

Post# 8276282

RE: cjc

Blazer, There is a fairly large short position on CJC. The Shorters have a great deal to lose if CJC puts out positive results. The good news for longs is that positive news is virtually gauranteed to cause explosive price action: Shorters will be climbing over one another to buy the stock to close out their short positions... it should really be something to see when it happens. Cheers, Cpac.

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