As a former long term holder, before selling out I formed the opinion (last year) that AQD's board of directors were basically incompetent when it came to evaluating and selecting worthwhile exploration plays.
Little wonder RIO shut down its exploration arm years ago which employed several current & former AQD directors.
I still can't believe Cleveland Cliffs pumped so much cash into AQD a few years back. Probably just a case of former RIO boys just helping each other out for God knows whatever reason.
Sadly for shareholders, AQD has been and continues to be a total dud.
AQD Price at posting:
13.0¢ Sentiment: None Disclosure: Not Held
