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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 schoron May 25, 2012 4:24pm
281 Views
Post# 19948080

nice close

nice close

Close to the high of the day, 800k shares traded in the last 15 minutes. Up 27%.

Wonder when financing will happen and for how many shares. I'm sure they would like to raise much more than the 660,000 they did last time. Perhaps $4,000,000 this time, 10m shares at .40. Would only increase the fully diluted by ~10%.

The last round of financing was nice for anyone that got into it. And I would hope that some if not all of the warants are excersized by now giving them close to $1m in the bank.

Maybe they can drill a few more holes before they need more cash and then do the financing at .70?

GLTA

Schor

Bullboard Posts