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Bullboard - Stock Discussion Forum 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... see more

TSXV:GQC - Post Discussion

Goldquest Mining Corp > GQC Institution Holdings/Retail Patience is our MOAT
View:
Post by Steadyriser on Jun 16, 2021 3:33pm

GQC Institution Holdings/Retail Patience is our MOAT

I see a lot of people concerned that TD is offloading their shares and aggressively hitting the bid. 

I think its important to understand that the context of GQC as an investment is one that is not very attractive to institutional investors. Their investment thesis on GQC as a position is being questioned and challenged on quaterly basis. I would find it hard as a trader to justify the timeline for the manifestation of GQC as a play. That is the reason why we will continue to see these massive block of selling going forward, these long term intititional holders will take advantage of the liquidity and get this position off their books.

As retail traders and long term holders of GQC we have only ourselves to answer to when it comes to thesis on GQC. We can actually take advantage of the selling and slowly accumulate and build up our position. We all know this permit is coming and Romero will become mine, now you have to decide if you are willing to leverage the current edge that patience provides and turn your GQC into a life changing investment. 

Long GQC .GLTA
Comment by dmocnik@gmail.com on Jun 16, 2021 3:40pm
That's the only explanation which makes sense! Hopefully it is the only one!
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