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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

Post by sootson Sep 29, 2021 12:51pm
318 Views
Post# 33937374

In A Weird Way ...

In A Weird Way ...... I feel happier that no major would be likely to touch GQC until it has gained its environmental permit, precisely because it's not easy to do this in the DR, as we well know.  The longer we have to drill (particularly Cachimbo), the more gold we will discover, and the higher the eventual takeover price will be.  I think it's quite possible that Cachimbo could be much bigger than Romero, so we could be talking a massive seam of gold.

So it's frustrating right now, but in the longer term, I think those that hang on will be richly rewarded.

Not saying how far off either the permits or the buyout will be, just saying that the longer it is, the more we are likely to discover.
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