There is a bit of movement in OBS, why is this relevant to AJQ....DGR our parent company.
My favorite outcome would be if one of DGR's subs (SOLG or OBS) will be taken over and therefore DGR would be able to participate in a CR. I had the feeling when I saw NM at DGR's AGM that he was frustrated and something was bothering him. He doesn't want to do a JV @ these low levels and he hates to do a CR around 20 cents. But he'd rather do a CR and keep DGR's percentage in AJQ at the same level.
As we all know, AJQ needs cash, cash to drill and explore and DGR would like to hold on to AJQ as long as possible, it is still their company maker, I believe.
Maybe my wish comes true and OBS will be swallowed up by a Canadian goldie. Fingers crossed.
BTW bought a few AJQ this morning just to be ready if we get a CR at these low levels.
AJQ Price at posting:
19.0¢ Sentiment: LT Buy Disclosure: Held
