If we were in resources bull market I would tend to agree with you but we are not. Penny resources are trading stocks right now. Where's the end game? this is what investors in resources want to know. In most penny resource stocks there is no end game. It's drill drill drill. that costs money. Even if AQD is fully funded by JV partner it's going to take years to get to the end game. In the meantime they will still chew through shareholders funds. I see things black and white with penny resource stocks. Most see through rosy glasses. Most have done their potato sacks unless you picked a SFR or a SIR.
Good luck to all of you. Might want to check out KFE forum. I haven't posted on there for a year and I did warn many there but they just tried to ridicule me. Who is crying now.
AQD Price at posting:
2.1¢ Sentiment: Hold Disclosure: Not Held
