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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 exploration concession of its Tireo Property, which has an area of approximately 3,997 hectares (ha). The Tireo project (also known as the San Juan concessions) is situated in the Central Cordillera of the Dominican Republic near the San Juan provincial capital of San Juan de La Maguan. Its other projects include Las Animas and Cerro Dorado. Its Las Animas project is situated approximately 100 kilometers (kms) north-west of the capital Santo Domingo. The Las Animas project comprises of over two claims. Its Cerro Dorado project is located in the Monsenor Noel province.


TSXV:GQC - Post by User

Bullboard Posts
Comment by matthew77on Aug 25, 2007 1:55pm
195 Views
Post# 13300640

RE: Bullish Technical Situation

RE: Bullish Technical SituationI don't see any manipulation either. Someone needed to sell a few shares late in the day Friday and did. The bids recovered quickly and we closed at .88. I was actually the one, Simon, who said the company would halt immediately upon results. I'm sure they have a process in place, and keep in mind this is a company that is very systematic and organized in its exploration - they will be systematic and organized in releasing information, I'm sure. I can't imagine they would circulate drill results throughout the office and risk having inside and material information leak out. That's just not how it works. There is probably one person, Waddell, who is authorized to receive the results. As soon as he receives those results, in a secure manner, he has to make a decision to halt or not to halt if these results mean a material change. He may discuss with his "inner cabinet", so to speak, and then halt. At that point the company prepares a release. That's how I see it working - that's how it should be done, anyway.
Bullboard Posts

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