AQD 10.0% 1.1¢ ausquest limited

Ann: Quarterly Activities and Cashflow Report, page-7

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  1. 94 Posts.
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    No Sarg I have not heard anything about our Nickel areas.

    I am not privy to inside information with Ausquest.

    It was just a mathematical example mate.

    I was backpacking and hitchhiking in Peru and Argentina earlier this year. There are a lot of mines there. I speak some spanish and had many conversations with men and women working in the mines.

    One of the mining company busses picked me up one day when it was raining and took me the remaining 80km to town where many of them lived.

    When I look at our projects, as an odds man, I really like Peru. Low grades and bulk tonnage.

    Many of the Peruvian miners I spoke to knew about the areas that Ausquest and others are exploring. It is a famous and proven copper Province in particular.

    That's where my money is Sarg.

    GD and our JV partners are in the throes of isolating and pinpointing specific targets in Peru as we speak. Poring over maps and stats.

    For me, Peru is extremely exciting and prospective. I believe the drillbit will hit paydirt somewhere there and when it does, GD and S32 will drill that area out and define a big resource.

    It will probably take a year or 2 depending on weather and permitting but as you know, will be well worth the wait.

    For me, hitting Nickel in Australia would be a huge bonus. Because it's more of a needle in a haystack thing.

    But I love Peru. The land of copper.

    GLTA long term Ausquest holders.

    We are on a really, really good thing in my opinion. So excited.

    Going to sleep now. Goodnight all.

    Tradewyns.
 
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