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.

TSXV:GQC - Post by User

Goldquest Mining Corp

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Post by sootson Jul 29, 2019 12:25pm

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Post# 29970967

Prospects for GQC and PRG

The likelihood for both GQC ad PRG seems to be buy-outs by the big boys, IMHO.

GQC (and PRG) have been waiting for drilling/exploration permits for a log time now. These could be just around the corner, but we may have to wait until after the new President gets elected in 2020.

The big miners have probably got more leverage to get the permits quickly, and GQC has a lot of gold in the ground ... so that makes GQC a very tempting proposition. PRG is looking very promising as well.

If I'm right (and I was once), then it'll be a race in 2020 between getting buy-out offers and getting permits.

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