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Bullboard - Stock Discussion Forum Great Quest Gold Ltd V.GQ

Alternate Symbol(s):  GQMLF

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... see more

TSXV:GQ - Post Discussion

Great Quest Gold Ltd > Dm from Jed!
View:
Post by Dantheman24 on Jan 25, 2021 5:40pm

Dm from Jed!

Here is the message I got from Jed:

"we looked clear for reopening at the end of December but the exchange has questioned two items. The purchase of Bruce McKean's shares and the issuance of options to Akon Legacy Ventures. The hold up has been canceling the shares from Bruce.

 

We are limited to canceling only 5% of the outstanding in a given year, we received 5.4M shs in exchange for selling him our option on the cashew business. We have proposed to the exchange we do the cancellation in tranches one this year and the rest next. We are waiting for their approval of the plan, alongside approval for an update release".

Comment by FishingArtist1 on Jan 27, 2021 8:28pm
This post has been removed in accordance with Community Policy
Comment by Dantheman24 on Jan 27, 2021 9:55pm
He wasn't sure, but I wouldn't expect that decision to take more then a month, I also asked him if Akon was still a part of the GQ plan and this was his response: "Yes he and his group continue to be strong supporters." So to me, this is a great comfort. This could be the ace up his sleeve and when we open he can use akon as a great marketing aid and a very strong influence for ...more  
Comment by Treetop2 on Feb 01, 2021 6:43am
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Comment by Dantheman24 on Feb 01, 2021 5:28pm
That mosquito is buzzing around again...
Comment by FishingArtist1 on Feb 09, 2021 7:51pm
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Comment by trying2makeabuc on Feb 10, 2021 8:44am
Last I was told is waiting on a signature from Bruce. I'm very anxious to read the disclosure to know what exactly happened regarding the cashew business.
Comment by trying2makeabuc on Feb 17, 2021 6:53am
Final signature from Bruce has been received and sent to the exchange. No word on opening but must be getting very close I feel. 
Comment by FishingArtist1 on Feb 20, 2021 9:19pm
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Comment by trying2makeabuc on Feb 20, 2021 9:29pm
Hope so! Need to get the shake out behind us and see where we're heading.
Comment by FishingArtist1 on Mar 10, 2021 5:19pm
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Comment by trying2makeabuc on Mar 10, 2021 6:07pm
I've been informed that Jed has finally been in touch with Bruce regarding a signature needed to please the exchange. He is being cautious in saying the opening should be soon but I know with the wait we've already had that doesn't give us anything substantial to go on. When asked if he'll have some new developments to encourage shareholders on opening he mentioned "some ...more  
Comment by FishingArtist1 on Mar 10, 2021 8:59pm
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Comment by Troylaursen on Mar 12, 2021 12:11pm
I would love to know what is really going on with the company and the inability to start trading again. It simply does not pass the sniff test that it takes 4+ months after abandoning the reason for the 24+ month trading halt to start trading again.
Comment by Treetop2 on Mar 15, 2021 9:29am
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Comment by trying2makeabuc on Mar 15, 2021 9:58am
The full description of your thoughts of GQ is exactly my thoughts of yourself Top Troll2. Well done.
Comment by Treetop2 on Mar 20, 2021 10:46am
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Comment by trying2makeabuc on Mar 20, 2021 12:10pm
Ok keeping this real Treetop2. The simple facts are that Jed saw an opportunity for GQ to develop it's phosphate and left his duties at Verde to do so. The company and share price was doing quite well in Mail until early 2012. At this time under no fault of his own insurgent groups over took the government and created instability in this part of the Country. Jed then became aware of an ...more  
Comment by Treetop2 on Mar 20, 2021 3:59pm
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Comment by trying2makeabuc on Mar 20, 2021 4:42pm
It matters not to me what you post in that I make my own investment Choices. I definitely wouldn't sell on your word. 
Comment by Treetop2 on Mar 21, 2021 12:50pm
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