It would seem the negative ASX Materials Sector movement over the last 3 weeks has ensured AQD continue to drill and collate assay results before announcing to the public.
A lot of miners delay positive drilling announcements when the entire market is weak and money is flowing out of it.
Between Greek debt issues, US Debt Ceiling issues, China raising their Reserve Ratios to reduce lending, the market has been weak. It should start to return to normal over the next week, then these small miners will, IMHO, commence making their announcements.
Cheers Nectar
:) I like AQD's previous drilling results, their realestate and their very strong cash position!
We will see upward share price movement shortly.....:)
AQD Price at posting:
16.0¢ Sentiment: LT Buy Disclosure: Held
