Goldquest is back in my buying range

Goldquest Mining is back into my sub $0.48/share buying range on the back of news. The latest news is from the last three holes from their previous drill campaign, the market has sold off with on higher expectations.

Next anticipated results will be from their deeper anomalies that the Company is currently drilling.

Obviously the market got way ahead of itself on this original hole (LTP-94, which returned 235 metres grading 7.9 grams per tonne gold and 1.4 per cent copper) and Goldquest has had a hard time pulling equivalent grades since.

Goldquest Mining Corp. is releasing assay results from three additional holes in the Romero gold/copper discovery zone on the company's 100-per-cent-owned Las Tres Palmas trend in the Dominican Republic.
Drilling highlights include:

• LTP-123 contained 68 metres grading 1.76 grams per tonne gold and 0.29 per cent copper (2.23 grams per tonne gold equivalent) within a mineralized zone of 138 metres grading 1.00 gram per tonne gold and 0.20 per cent copper (1.33 grams per tonne gold equivalent).
• LTP-124 contained 48 metres grading 1.21 grams per tonne gold and 1.02 per cent copper (2.88 grams per tonne gold equivalent).

These are the last results from the phase of drilling targeting the shallow induced-polarization interpretation that discovered the Romero mineralization. Future drilling will be guided by new, continuing deep geophysical data. New data collected this year have identified two distinct east-west-trending target zones at Romero. Drilling to date has focused on the Romero North zone, where highlights include LTP-94, which returned 235 metres grading 7.9 grams per tonne gold and 1.4 per cent copper (10.2 grams per tonne gold equivalent). Romero South, a newly identified trend, is essentially untested and returned a stronger and shallower chargeability anomaly than Romero North.