Replies to post #1347 on Quest Rare Minerals Ltd. (fka QRMLF)

[gpf95]

This is a well known fact that REE's are not rare

Qrm's original April 2010 analysis was that they could make 7 billion over the life of the mine. this was based on the 3 yr average price (2007-2009) of REE's. Those prices would have to decline way below todays levels.

Quebec Territorial Government will not want to lose out on this kind of revenue 30% of profits. They will do everthing that is necessary to see that businesses like these above the 49th parallel.

http://www.plannord.gouv.qc.ca/english/index.asp