Working thru the gears, page-8

hey wot, personally i would show a little caution with AQX.

The reason being can be found in the above diagram from ALK original announcement. You can see a fault that runs to the east of the boda discovery and there is another one on the western side (macquarie thrust). My understanding is that the volcanics of the "right age" for mineralisation development lay between these faults. I think AQX tenements are to the east and further north of ALK tenements. Whilst the tenements to the north may lie in the right ground, those to the East look a little skinny to me.

That doesn't mean there share price wouldn't appreciate with good news from ALK though.

FWIW