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Goldquest Mining Corp V.GQC

Alternate Symbol(s):  GDQMF

GoldQuest Mining Corp. is a Canadian mineral exploration company. The Company is focused on gold and copper in the Dominican Republic. The Company holds 19 exploration permits (granted or under application) and one exploitation permit (under application) concessions in the Dominican Republic. These concessions are grouped into various districts. San Juan District, includes Romero (exploitation permit under application), Jenigbre-II (Jenigbre), Valentin-II, Loma Los Comios (actual Loma Los Limones), Loma Cachimbo-II (Loma Viejo Pedro), Los Gajitos and Los Lechones (together actual Alto de Los Chivos), Descansadero (actual Gajo La Guama), Tocon de Pino-II, Las Tres Veredas (actual Palo de La rosa), Piedra Dura-II, Tachuela Fase-II, La Guinea, Toribio (actual Arroyo La Vaca) concessions (Tireo Property). Jarabacoa District includes Monte Verraco and La Rabona concessions. Its regional exploration includes Loma El Catey, Loma La Damajagua, Hoyo Prieto-II and Recodo concessions.


TSXV:GQC - Post by User

Bullboard Posts
Comment by contrainvestoron Jun 25, 2007 5:53pm
176 Views
Post# 12996251

RE: Insider Trading

RE: Insider TradingIt's interesting. SIR, which has had one of the best runs this year, had a bunch of selling by insiders after the first drill result took them up over $1. Since the stock has surged past $3 there has been no selling. Why? The insiders themselves feel more confident in the story, and I'm sure the brokers for the deal they just did also put a restriction on trading for a little while. No matter how confident you feel in the story, there is an irresistable urge to take money off the table because they have so many more options and shares to take advantage of further upside when that comes. To read more than that in to it can only lead to poor investment decisions IMHO. This stock has suffered from the horrible fate of crappy markets and untimely warrant expiration. It is tough to hold at times like these, and seeing insider selling only adds to the emotion, but it is at times like that that you have to look at the drill results and realize that only incredible luck results in drill results like GQC has had, without good or better results to follow. Patience is needed.
Bullboard Posts