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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 > Logical out come for Romero
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Post by goldenrivit on Apr 14, 2023 11:58am

Logical out come for Romero

The population of SJM back the study at 67%.LA can not ignore that heading into an election.He also does not need a messy arbitration ahead of his election.His rep in SJM stated the gov of LA will do the study so its outcome will be done by the gov and be free of influence by anybody.

So logic says the permit will come in this year.Barrick is committed to find more gold in the DR and is exploring its and PRGs properties.But Romero is proven to be very robuts in economics with a 3 million oz 43-101.So its possible Barrick lobbies the LA gov to grant the study giving Barrick a front row seat to make an offer to GQC before the study is finished.In other words if the politics favour Barrick owning Romero as it is already the most important tax payer in the DR.

AEM would not likely step in front of Barrick in the DR due to the past politics that is still today holding up the permit and let Barrick get Romero and then they could exit the DR and move on.Barrick would get Romero and the Cachimbo discovery that attracted AEM in the first place.My thinking is some kind of an outcome will be needed so LA can spew his "mining friendly" agenda that helped him get elected last time once again.

Logic is a dirty word in the DR.But Barrick building a second mine in the DR is something LA could use to address job creation.If Romero gets its permit GQC could be in play in a blink of an eye and give Fisher ARU like cudos for GQC shareholders.

Also of note Barricks CEO Bristow says they will be active in M&A in the JR space in 2023.
Comment by iluvbtr2 on Apr 14, 2023 12:44pm
Fantasy . Keep working the rooms .  Readers, Hopefully this clears up any false narratives from spreading and people are wise enough to discern the difference between people the come here to contribute to others , and people that come here just to troll , heckle , insult , play your emotions , and whine. Those are not a value-add to anybody. V.GQC ...more