Subscribe Now - Click Here: 1 Year for only $149 or 3 months for $99
Don's Summary (from last analysis - 06/07/2017)
Goldquest Mining has an advanced gold project in the Dominican Republic. The Romero project is 2 million oz at 2.5 gpt with a 28% after-tax IRR at $1300 gold. It looks solid, with a capex of only $158 million. Cash costs are projected to be $400 per oz with copper, zinc, and silver offsets. But without the offsets it is still economic. Their FD market cap is $91 million with 10 bagger potential at higher gold prices and exploration success. They have $19 million in cash to complete permitting and the feasibility study, plus do more drilling.
Profitability (by resource)
Future Valuation (Cash Flow & Totals)
In 2012, the stock jumped from 7 cents a share to $2 in about 1 year from drill results. Then it crashed down to 8 cents.
Gold Price (last analysis) ($)
Silver Price (last analysis) ($)
Stock Price (last analysis) ($)
1 Yr Stock Price High ($)
Stock Price Change From 1 Yr High (%)
Stock Price USA 5-Year High ($) (including date)
1.98 - 9/20/2012
Stock Price USA 5-Year Low ($) (including date)
4 Cents - 12/28/2008
Appear to have a good team. Advancing to production with good guidance.
Dominican Republic, Spain (35% JV)
Local Issues (wag)
Good infrastructure and community relations.
100% of Dominican properties, 35% JV in Spain (equity interest).
Country of Incorporation
6 Properties on a 10 mile strike in the Dominican Republic. Total properties of about 75,000 acres.
Shareholder Friendly (wag)
Likely to get highly diluted, although dilution is not to bad today and the stock price is increasing.
Las Tres Palmas
Ore Grade (wag)
3 gpt avg grade on the two properties they are drilling.
Las Tres Palmas (Romeros): 258 meters at 4.5 gpt and 231 meters at 2.4 gpt.
8/3/2012: Reduced the rating from 3 to 2.5 after the stock jumped from 7 cents to $1.61 from excellent drill results. I could be undervaluing their upside, but the stock price is based on only a few huge drill holes.
You must be logged in to create/edit your own personal