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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
Comment by sweatmanon Jun 20, 2013 2:07pm
162 Views
Post# 21549258

RE: Where Have All the Gurus Gone?

RE: Where Have All the Gurus Gone?

You nailed it perfectly...'doing pretty well for an *early stage* exploration company'.  Danny's one-hole-wonder has now turned into a two-hole-wonder and that is a good thing, believe me.  And holding 40 cents or better at this stage of the game is a good place to be. I think until we see a winnowing of the 600-700 zombie companies infesting the Venture Exchange, coupled with the deep fire-sale on physical gold, we can expect the market to remain downcast.  But that can change...will change, actually over the next few months. And it is not tough at all to be positive in this market if you understand the reality of the macro market as well as the ramifications of the paper gold price versus the demand for gold.  Premiums are cheap in North America for gold and silver and by all accounts, 2013 will turn out to be a banner year for those companies who sell physical. In Asia, the premiums are much higher and the demand continues to grow. Sooner or later the paper price machinations will have a day of reckoning. Understand the beast and there is nothing to fear - only to take advantage of.

Bullboard Posts