Great Quest Gold Ltd V.GQ

Alternate Symbol(s): GQMLF

Metals & Mining Industrial Metals & Minerals

Great Quest Gold Ltd, formerly Great Quest Fertilizer Ltd, is a Canadian mineral exploration company. The Company is focused on the development of African gold projects in Namibia with exposure in Morocco and Mali. The Company’s principal business activities are the exploration and development of exploration and evaluation properties located in Mali, West Africa. The Company’s flagship asset is the Sanoukou Gold Project, encompassing 24 square kilometers (km2) located in the Kayes region in the West of Mali, and developing the Tilemsi Phosphate Project, a 1,206 square kilometer parcel in northeastern Mali, containing high quality phosphate resources amenable to use as direct application fertilizer. The Tilemsi phosphate project is composed of three concessions: Tilemsi, Tarkint Est and Ader Foul.

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Great Quest Gold Ltd > Something is up?

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Post by trader53on Nov 24, 2022 4:33pm

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Post# 35126286

Something is up?

Gq has an estimated 50,000,000 tons of clean high-grade phosphate and traded at over $4.00 a share until the first coup took place in Mali. It dropped to low 2.00 range and then collapsed on the second coup. Needless to say, with all of the political turmoil GQ ceased doing work on the Tilemsi project. What I find interesting is the appointment of Albert Yuen who has a resume that makes you wonder why this high-level executive would join a Junior Company trading at a sub .05 level. My take he will pursue a deal for Tilemsi as he is well connected in Mali and Agriculture. China? Read China cuts phosphates exports below!

https://www.producer.com/news/china-cuts-phosphate-exports-to-build-batteries/

Gq owns 97% of Tilemsi and has an advanced mining permit good until April 2027.

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