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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 > Abe dithered
View:
Post by goldenrivit on Mar 10, 2023 2:23pm

Abe dithered

And now we have a major 2008 style debt crisis and the FED has to take over Silicon Vally Bank today along with 3 other banks that failed this past week.He did not sign the permit but in the financial crisis now unfolding in the bank system and bond markets no one will be able to get funding even if he did sign.Its over for GQC and there is no place to hide in the coming crash.
Comment by dmocnik@gmail.com on Mar 10, 2023 7:00pm
This is not a 2008 situation!  Your opinion is too negative!
Comment by soots on Mar 11, 2023 4:51am
But since the last 20 years, the gold price has climbed from under $400 to 5 times that, so even if there's another crash, the POG is likely to climb still higher.  That means funding of the best gold companies WILL still go ahead, even if other sectors are deprived of it. GQCs future is bright and the breakthrough may not be far away ...