Some real value emerging in AQI but people might also want to keep tabs on Tajiri Resources (TAJ.TSX). Founder is Dominic O'Sullivan, a major shareholder in AQI and the founder of Azimuth Resorces (1.6m oz), which was sold for A$185m in 2013. Plans to assemble the largest gold package in Guyana. Recently raised C$1.2m. Market cap less than C$6m. Could quite easily be a 5-10 bagger within 12 months based on further newsflow. Currently TSX-listed but no doubt would be looking at an ASX listing down the track.
As per Nov 23 Ann:
Dominic O'Sullivan, who discovered the Karouni deposits and is chairman of Tajiri Resources, declared that: "With the completion of our private placement exciting times for Tajiri have begun. We are not only commencing drilling but also embarking on building a portfolio of significant ground in Guyana with manifest drill-ready gold targets."
AQI Price at posting:
19.0¢ Sentiment: Buy Disclosure: Held
