For whatever reasons they have, the market seems to not have...

For whatever reasons they have, the market seems to not have factored the current drilling program into the sp.

Do insiders know something we don't? I don't know.

But worse case scenario if the current program comes up with nothing encouraging and we don't drill anything else prior to Chololo we may see the sp trace back to lows similar to those experienced prior to the S32 deal.

It is not ideal but imo this will create tremendous opportunities for existing holders currently under water to average down. And I believe that come drill time in Peru, we will see a similar run in the sp as we have witnessed in recent weeks. Patient newcomers to AQD that buy in cheap could and probably will make a substantial amount of money.

If it does go lower I will see it as a gift. I will continue to top up.

I know that there's a lot of good people out there that are a long way underwater and I hope that you don't find my post insensitive. That is not my intention.

But I am just so impressed that Graeme Drew got S32 on board to fund these projects and it's just beginning. S32 see enormous potential in our dirt. I wonder how many exploration companies have approached S32 since their inception a few years ago? I'd say many and go further to say that many didn't dare to because they see a company like S32 as being way out of reach.

But valued fellow shareholders, S32 chose Ausquest. And they chose Graeme Drew.

Anyway. We are drilling right now and I am super excited. Anything remotely exciting in terms of these results coming within weeks could result in a soaring sp. I remain optimistic and very comfortable with my long term AQD investment.

GLTA holders.

Tradewyns