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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
Post by RRM53on Oct 31, 2007 7:00pm
258 Views
Post# 13729095

Final Price

Final PricePrice could have just as easily been $1.25 if someone was looking to put a little "lipstick" on the share price and draw in some more buying. I think we are going through an accumulation phase where the recent buyers are trying to keep GQC under the radar by not moving the stock more than a few cents a day. It doesn't help that the management seems to be uncomfortable with the idea of promotion or communication with the shareholders.I heard that it took them 3 days, on one of the news releases, to get a qualified person to sign off on it after it was written, that just creates opportunities for leaks. Does anyone else get the impression that much of this trading seems to almost be pre-arranged-everybody buys and sells in units of 5000 or 10,000 shares-quite frankly it's a mystery as to who generates the buy side-because as as far as I know there is no promoter or IR Group on the deal. I know this may seem contradictory, but now, with the NORONT halt, it may be better to wait a day or two to release the news if we want to get the attention of the pro traders and believe me it was them that took the stock up to the $1.50 level and made it trade 15,000,000+ shares. Just my 'Rant' for the week-hang in there, we've waited this long and perhaps we will be rewarded for our agony!
Bullboard Posts