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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

Post by Krishak5on Aug 10, 2021 8:18am
130 Views
Post# 33677188

Flush with Cash: AEM update - Gold Stock Analyst August 2021

Flush with Cash: AEM update - Gold Stock Analyst August 2021Now at the year’s halfway mark, AEM said it’s on track for its forecast production of 2.05 million ounces at an average $725 cash per ounce and $975 per ounce AISC. Based on $1,800 gold, AEM should generate $2.2 billion in operating cash flow (“OCF”) in 2021 and after all expenses, the $125 million of debt due, and the $1.40 dividend cost of $342 million, it should, at year end, be adding to its cash balance of $281 million on June 30, 2021. 
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