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 ilafalot2on Sep 27, 2012 2:13pm

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Post# 20421402

RE: RE: Latest results are reasonably good

Goldhunter, I agree with your comment about rationsl behaviour. But the market is seldom truly rational.

You may have noticed that there was initially a buy in the day before yesterday just after the release for 50,000 shares at $1.90

So somebody liked what they read. However, as soon as the selling wave took hold, everyone jumped on the bandwagon and pounded it down, convincing the weak hands that the results were lousy. So initial optimism turned into a market rout.

Cooler heads now prevail

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