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Bullboard - Stock Discussion Forum 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... see more

TSXV:GQC - Post Discussion

Goldquest Mining Corp > Why has the President lost his pen ?
View:
Post by soots on Dec 09, 2022 4:38pm

Why has the President lost his pen ?

Lots of positive action going on, but still no signature.

There are many possible reasons for this, but here are a few of my guesses :

1   The President fears he will lose votes in the next election

2   A larger company has GQC in its sights and has put pressure on the President to delay GQC

3   Waiting for gold to get much higher, say $2,500 - $5,000

4   Waiting for upcoming legislation which would force GQC to hand over more profits to the DR

If it's 1), then we can expect to wait 2 years for the signature, since the President can only get two terms in office.

If it's 2), why has the company not pounced on GQC before now ?

If it's 3), we may be in for quite a long wait.

If it's 4), hopefully the wait is limited to 6 months to a year.

Any other theories ?
Comment by Katoriff1 on Dec 09, 2022 5:00pm
Hey soots!   Great post!  Generates discussion! So, I'm always wondering if their biggest tax donor...such a friendly Mining company to pay so much in taxes up front during Covid..could Barrick be behind all the delays.  If they are, they could be doing it in such a way as to not involve the word "corruption".  Abinader may lose votes by NOT signing the ...more  
Comment by dmocnik@gmail.com on Dec 11, 2022 6:00pm
Barrick could sweep it up for pennies over time!?
Comment by PeterOffDuty on Dec 11, 2022 1:51pm
Yes. My theory is they drop the permit before Xmas so people go off and celebrate instead of protesting. LOL  GLTA 
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