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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 goldenriviton Dec 20, 2022 1:47pm
205 Views
Post# 35182666

I Think Luis is under the gun to make a decision now

I Think Luis is under the gun to make a decision nowOn granting the study or deny it one way ore the other the most important critical time as he has been president.He simply does not have the luxury to stall the decision as the international investors are now demanding an answer.I also suspect GQC will file arbitration if the permit does not come by the 2yr date of the Almonte sorry letter.While I have no idea if the permit will be granted or denied I think he has run out of time to keep kicking the can down the road has he ran on a zero red tape election where he singled out Romero as a good thing for the DR 2.5 yrs ago.I must say I 'am  ready and tempted to take a flyer on the gut feel a decision for better or worse may be close to a conclusion as I think the SP has reflected a bad outcome.But if Luis gives the permit as a way to show he is against corruption then GQC could be a very good risk for investors at this price and time in tax loss selling ahead of any conclusion.I have followed GQC from day one of the Romero discovery and know full well the risk.If by some strange chance the permit were to come early in the new year then GQC will print $1 fast.
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