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1.0¢ ausquest limited

Ann: Cluster of Drill Targets at Balladonia - Fraser Range, page-8

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coppashaft

11,395 Posts.

130

05/05/15

20:33

Post #: 15222740
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Originally posted by meerkat ↑

these no-hoper companies with prospects scattered all over the globe make me laugh. Let's see, projects in Africa, S.America, Australia - all run on a shoestring, impossible.
the only reason I'd be in AQD would be for Peru - problem there is that AQD has lost control of drill timing, drill targets and all the rest, it's all in the hands of their Peruvian partners, AQD have virtually no say in any of it. Plus of course, 70% of any proceeds are beyong their reach, 80% actually if their partners are successful. Pretty poor show overall. I don't rate their nearology chances in the Fraser Range stuff either - never say never of course, but what a long shot...
Interesting that Acorn Capital have taken a position for their clients, but Acorn are chancers, they don't stick around usually, so if there's a quick buck to be made, I'll trade it, though I do have to get in first....

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Was that you the other day meerkat, at 0.017

Hope so, after your ADO predictions that everyone bagged you over, it turns out you were right on the money.....respect

AQD Price at posting: 1.7¢ Sentiment: Buy Disclosure: Held
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