Ahhhh! It is so amusing coming back here every 12 months or so and reading exactly the same posts (now written by new "victims"...)
IMHO .... AQD have a script that plays every year ... the same old stories ...
1) Buy new amazing prospect, always in a very rich [whatever metal is in vogue] region.
2) New joint venture willing to drill for free and share in the riches ... (that never eventuates)
3) Consultants willing to work for shares rather than getting paid in real money. This always resonates well with existing share holder since someone is betting that the company will do well .... Never works!
4) New drilling announced with fanfare ... however results never published and when published are very vague. Never turn into anything substantial.
4) New money required (CR and consequent dilution) every 12 months or so to allow for new acquisitions.
5) CEO generally missing for a few months travelling to distant places looking for opportunities and/or closing deals with new partners. Never brings the goods home.
6) Photos of trucks and people on the ground, with new livery, showing activity in particular areas ...
then ...
Back to item 1 for the next year ....
and so the AQD "dream" lives on .... with new victims ....
DISCLOSURE: I did fall for it ONCE! ...
AQD Price at posting:
1.4¢ Sentiment: None Disclosure: Not Held
