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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

Comment by PeterOffDutyon May 18, 2021 2:46pm
133 Views
Post# 33223254

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Stating The Obvious, Perhaps, But ...

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Stating The Obvious, Perhaps, But ...This has been discussed for months on the CEO board. Go have a look. Lots of new info and DD.

GLTA,

morecents7 wrote: Maybe, but that is rather hopeful. From the company and stockholder side, that would be best, but from a realistic side, it's obviosuly not what is going to happen or it would have aleady. This is just my two cents, but I assume the government wants to show that they are going to only allow developments that benefit the citizens of their own country. So they are going to get the new legislation sorted out before agreeing to any new mine, and only then will they allow the permit. And the permit will conform to the new laws, not the old becuase they hold all the card.  And this makes sense, because if they permitted GQ while there are is still significant opposition, it would make getting their new legislation through even tougher. So they will pass their law and in that context they will allow the permit or begin a "stakeholder" review of the project.  Obviously their goal is to get more development underway but the process won't be convenient to foreign shareholders, it will take a political path. Ultimately, that will also lead to a more stable situation when it fianlly happens.  Just look at Precipitate. They had the permits and got shutdown.  The gov needs to lay the groundwork to create the conditions for all the development they want to happen. So whether legally "gransfagthered" or not, the permiting won't contradict the new legislation.


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