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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
Post by matthew77on Aug 17, 2007 10:29pm
314 Views
Post# 13266318

Observations - we need 60 Metres

Observations - we need 60 MetresWow----29% drop in index over 18 days. Sounds like the old VSE. Been there, done that. It's going to be really interesting moving forward - I suspect we found a bottom Thursday and we will charge back up. Whether that will prove to be a "bear trap" or not remains to be seen. On the charts it looks like we could easily move 20% above Thursday's low, perhaps approaching the 3,000 mark. We could also go the other direction, too, but I don't believe that would happen unless gold tumbles below critical support at $635. Now, GQC........I'm anxious to see results soon and bought more today on faith. I'd be shocked if we don't get results over the next two weeks, perhaps as early as Monday. Given the changed market climate we are currently in, GQC is going to have to BEAT expectations on true width (30 metres) for discovery hole IMHO. 60 metres would be met very favorably by the market IMHO. So that I'm convinced is what we're going to need for a major market move (double, triple or more from here). Long and bullish on GQC.
Bullboard Posts