Given the size of the ground they're working with AQI is a long term play so it often helps to look at longer range chart setups, the monthly chart has a definite cup and handle pattern in play, will the next few months see this play out underpinned by the Barrick funded 2.5mil exploration program?
The target price of this formation is around 60-70c and could complete before middle of the year.
The price would need to keep moving up towards 30c over the next 1-2 months as the next drilling campaign starts and progresses then looking for strong drilling results to drive the price higher towards this target...
