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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Comment by sootson Aug 04, 2020 5:01am

178 Views

Post# 31359572

RE:RE:Do the math!

GQC was at 60c 4 years ago, when gold was "only" $1,350 per ounce. Now that gold is almost $2,000 per ounce and rising, I think $1 should be the minimum price for GQC, once the permit is obtained.

The 60c price was largely based on Romeo drilling, but there is massive potential at Cachimbo as well. It's hard to be accurate about the SP since some of it is based on emotion, but I think $1 could easily build up to $2+ in just a few months ...

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