Good comparison is NES Newstrike has 120 million shares fully diluted / GoldQuest 125 million.
Newstrike at $ 1,42 / GoldQuest at $ 1,45
But Newstrike has better holes and many of those in the GoldQuest range (best NES hole: 316,95m @ 5,80 gpt)
So, in this market, I think GQC is more than.fairly valued at $ 1.50 with just 3 holes.
FANTOMAS