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Goldquest Mining Corp V.GQC

Alternate Symbol(s):  GDQMF

GoldQuest Mining Corp. is a Canada-based mineral exploration and development company. The Company is engaged in the identification, acquisition and exploration of mineral properties. It is focused on gold and copper in the Dominican Republic. Its projects include Romero and Tireo. The Romero project includes its Romero and Romero South deposits, which are located within the La Escandalosa exploration concession of its Tireo Property, which has an area of approximately 3,997 hectares (ha). The Tireo project (also known as the San Juan concessions) is situated in the Central Cordillera of the Dominican Republic near the San Juan provincial capital of San Juan de La Maguan. Its other projects include Las Animas and Cerro Dorado. Its Las Animas project is situated approximately 100 kilometers (kms) north-west of the capital Santo Domingo. The Las Animas project comprises of over two claims. Its Cerro Dorado project is located in the Monsenor Noel province.


TSXV:GQC - Post by User

Bullboard Posts
Comment by Paidmydueson Apr 17, 2007 2:04am
168 Views
Post# 12620827

RE: Interesting

RE: InterestingThe Coffin borthers went through this in the recent write up of GQC in hraadvisory.com. The control blcok was originally about 18 million shares - it was "value escrow", 10% released right away and then 15% (yep - 2.7 million shares) every six months. The Coffins said the last two allotments and a little more were in the hands of Minmet as of a couple of weeks ago. The announcement and market cross were probably the same block and the volume in the past two weeks probably took care of some of the rest. I agree that most of it has probably gone to a few hands - though no one is admitting to having over 10%. It trades like a stock with a much smaller float than it has officially. Its got a great set of projects and its cleaning up nicely in the market. Should go higher, especially with a few good drill holes.
Bullboard Posts

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