GOLDQUEST: RESTART OF EXPLORATION ACTIVITY IN THE DRAfter 3 years of a halt we are back in the game!
The company would never do so if they would not have the strong feeling that the permit will follow. The PDAC as a marketing instrument would be a nice time to announce the permit and the GO pro mining in the DR. At this place they have the largest audience to reach out.
The start of exploration (remember that the drills are ready to start !!!) additionally means that the company can build more value with every hole they explore and on the other hand - if an arbitation should ever be the case - the costs for the DR will be much higher.
In any case a BIG plus for the sharholders.
Always remember that that Agnico bought a stake into Goldquest at 0.64c with Gold 1300usd and copper 3,5usd (now 1930usd and 4,70usd) :-)
This is a strong buy at these levels with a longterm price target of >5cdn (20bagger) - remember the news releases when they hit bonanza holes !! with the announcements of new exploration holes the news flows will be exciting in coming months with PDAC being the highlight.
GLTA