Goldquest Mining Corp V.GQC

Alternate Symbol(s): GDQMF

Metals & Mining Industrial Metals & Minerals

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.

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Goldquest Mining Corp

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Comment by bullbleepon Apr 17, 2014 8:36pm

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Post# 22466295

RE:RE:RE:just a feeling....

I saw a recent Canaccord analysis where the junior exploration value in situ for gold resources averaged about $20 per ounce. Of course - the in situ value varied widely depending on which junior they were analyzing. However, it's better than a stab in the dark. For comparison, a recent in situ valuation for producing juniors in the "reserves+resources" category comes in at $70 per ounce. GQC currently trading at $12.50 per. If it traded at $20, stock would be 50 cents.

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