Hi Lex, must have been some hot money expecting a deal to be...

Hi Lex, must have been some hot money expecting a deal to be done around 50c to inject some additional funds into AQR, I've bought again today at 40c & am happy to pick up more in the mid 30's if they go there. I think the powers that be are scrambling to get pen to paper to lock a level say 40c-45c to offer some additional cash to company, so as to continue large drilling campaign. I spoke to someone who very recently spoke with MD & he was reassured that on the site all is going well, with delays only with getting cores back from labs but visually all as good as per last announcement - I'm confident that AQR have a very large moly deposit with grades that are looking better then Moly Mines ie > 500-600 ppm, so at 40c we are now at $50m mkt cap, with about $3.5m in the bank & a third drill rig only a couple of weeks away, so I'm happy at these levels.

Obviously the market, govt mining tax , sell in May attitude combined with weak hands has seen stock drop, although AQR is no alone, maybe we will need to wait a bit longer for the full picture to materialise, but this is the case with most speccies, the patience make the real money & as always you usually make your money when you buy.......

Goodluck holders, looks to be a couple of tough months ahead, hopefully some good days for those of us that hang in there......