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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 aknahowon Mar 08, 2014 4:46pm
159 Views
Post# 22298733

RE:Aknahow opinion please

RE:Aknahow opinion pleaseHonestly I think Barrick is the least likely to have interest in GQC.  First with Pueblo Viejo Barrick may already be pushing aginst limits on claims the D.R. allows to be held.  Disclosure, I do not know if mining consessions are treated differently.

But having been to some extent extorted into adjusting some P.V. contractual terms I think they would not care to increase their political risk in the D.R. regardless of the merits of GQC.

Do think that all Barrick, pretenders to the throne, may have interest in gQC.

But I also think that GQC has no interest in being acquired but will follow its' stated mission of selling proved up discoveries at a better price than most juniors since the buyers know GQC can bring its' discoveries into production.  So I see management going into production if it can not find a buyer at the right price.

Defense against takeover is selling holdings at a bit less than they hoped to get.

All the above is my opinion only.  I claim to be an expert but only on not relying on my opinion.
Bullboard Posts