Goldquest Mining Corp V.GQC

Logic for merger

[goldenrivit]

Of PRG into GQC makes a win win for both companies shareholders as I pointed out to Bill and Jeff today.As PRG trades at only its cash value in market cap and GQCs inventory of gold trades at less than $10 per oz neither sets of both shareholders are merging over valued assets.But the combined entity would have $20 million CDN in cash and  much larger property land package in one of the worlds best geologic settings the DR.

On top of that PRG shareholders would gain access to the Romero 3.5 million oz and "parciptate" in its future mining operation.Then in return GQC would get the PRG properties in the DR next to Romero as well as the Barrick/PRG JV with exploration under way along with PRGS cash account of $10 million.But the biggest plus with the merged companies is two vested world class miners AEM and Barrick in the same company.
The DR gov would then have little doubt about Romero being mined by one or both companies running the Romero project as well as Barricks PV mine is proof of responsible mining either as a vested interest in GQC or buying GQC out and running the mine by a Barrick/AEM JV

A merger of PRG and GQC is in my view the best deal for both companies as combined both companies would not have to raise any more capital in these depressed capital markets.I urge both PRG and GQC shareholders to send a message to Bill and Jeff to work out the details of a merger ASAP.

[Krishak5]

What did Bill & Jeff say? I have had problems contacting anyone at GQC but I just left a message for Jeff at prg.

[goldenrivit]

Have not heard back from Bill but Jeff likes the idea.I get the feel Jeff might run it by Bill as part of his future plan to explore ways to create shareholder value.In my view its would be good for both sets of shareholders.What ever the furure plan for PRG you can bet your bottom dollar Jeff will turn over EVERY stone to get there.

[Krishak5]

How did Bill & Jeff react to ypur suggestion?