AQR 0.00% $3.50 apn convenience retail reit

Ann: Maiden Gordons Resource and update Whitewash, page-5

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  1. 2,814 Posts.
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    re: Ann: Maiden Gordons Resource and update W... lexiconfs,
    I have re-read the companies latest ASX update and i am more convinced than ever that i am best served taking my losses on AQR by selling my holding.
    I cannot for the life of me see any hope of AQR achieving any serious progress towards achieving the status of "producer" for years and now they seem to be changing focus to commence exploration for gold.
    As you state, "I will have to read it more carefully but am unclear as to what happens next?"
    I have re-read it and like you am still totally unclear as to what happens next, other than AQR to commence looking for gold!!!
    I don't think the company also has any idea what direction they should now be taking other than conserving cash to ensure they have an ongoing income for themselves!
    Bad investment on my behalf.
    Good luck to you!
    dapper
 
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