Hi Nambo, thanks for your charts mate. Pretty good asset to have on HC...
Very difficult to make any assumptions here or make comparisons to CDV. My CDV call was based on a hunch, cross referenced to close examination of every drill hole and the distribution of arsenopyrites and other compounds I didn't like, the layering, grade profile at these intersections ect.
As you have eluded to this has some different styles of deposition. Far to early to say what will be revealed and any potential geo/geotechnical or met that may be considered when increasing/ decreasing or quitting a position.
This is very early stage, structural targets for closer spaced drilling not fully defined and many steps to go to reveal true potential/targets.
What AQI do have is,
Barrick as a partner, very rare for a junior.
$20m spent by previous explorer. Knowledge database.
Multiple undrilled high prospectivity targets.
Mining friendly jurisdiction.
As with any small spec explorer it's always high risk but hopefully high reward.
This post is not advice, doesn't highlight all pros, cons or risks. I am neither a geo or a met either.
A have a decent holding that I am increasing so may have some unintended bias.
Cheers
1FDM
AQI Price at posting:
19.5¢ Sentiment: Buy Disclosure: Held
