Goldquest Mining Corp V.GQC

Alternate Symbol(s): GDQMF

Metals & Mining Industrial Metals & Minerals

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.

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Goldquest Mining Corp

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Comment by Electrum.jkon Sep 25, 2012 1:52pm

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Post# 20412208

RE: DDH Results ... OVERSOLD.......

Looking at the dollar values found in todays NR, I find them very good.

Hole 99 72m. intersect .....Gold 0.54g/t @ $ 1770/oz. == $30.73.

Copper @1.47 % @ $3.75/t==$110.25

Total... $ 141.00 per ton

Hole 100 122m. intersect....Gold 2.64 g/t @ $ 1770/oz ==$ 150.25

Copper @ 0.33 % @ $3.75/t==$ 24.75

Total ...... $ $ 175.00 per ton.

These values are good. I think the market was expecting bonanza results as reported in hole # 90 so the traded down to $ 1.30 level. A correction of 30%.. And Oversold...

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