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Great Quest Gold Ltd V.GQ

Alternate Symbol(s):  GQMLF

Great Quest Gold Ltd, formerly Great Quest Fertilizer Ltd, is a Canadian mineral exploration company. The Company is focused on the development of African gold projects in Namibia with exposure in Morocco and Mali. The Company’s principal business activities are the exploration and development of exploration and evaluation properties located in Mali, West Africa. The Company’s flagship asset is the Sanoukou Gold Project, encompassing 24 square kilometers (km2) located in the Kayes region in the West of Mali, and developing the Tilemsi Phosphate Project, a 1,206 square kilometer parcel in northeastern Mali, containing high quality phosphate resources amenable to use as direct application fertilizer. The Tilemsi phosphate project is composed of three concessions: Tilemsi, Tarkint Est and Ader Foul.


TSXV:GQ - Post by User

Bullboard Posts
Post by Onedaylateon Oct 06, 2016 12:34am
169 Views
Post# 25315422

Tilemsi

Tilemsiis supposed to have an inferred resource of 50mt of phosphate. Is it the intension of this update to move that into the indicated catagory?
Seems they have a very large land package, is this 50mt just a small part of it? or is it some what scattered around?
GQ is claiming robust economics because it is locally produced in that area, there for has only a fraction of transport costs. But that area has a very infantile modern agriculture. Most of what is there is stone age hunter gatherer stuff.
Will take a major educational program and many years to change that.
IMO they will need to look at shipping to foriegn markets for any real sucsess, but then there goes the transport cost advantage.
How are they going to make this work? any ideas?
In the mean time I am enjoying the ride. 
Bullboard Posts