Nice little write-up today in FinFeed (https://finfeed.com/small-caps/energy/ausquest-starts-drilling-highly-prospective-paterson-province-target/)
'Ausquest is a prime example of investors piling into a stock in the expectation that drilling results could be market moving. Just this morning, shares in the group traded as high as 3.1 cents, representing an increase of more than 10% relative to last Friday’s closing price. The company informed the market in July that drilling had been approved for its Gunanya project, outlining the highly prospective nature of the region where Rio Tinto and Newcrest have both had success. Since July the company’s shares have more than doubled, and it looks like there is more to come, particularly with the gold price hovering in the vicinity of $2700 in Australian dollar terms.The copper price is also looking strong, having consolidated above US$3.00 per pound in recent months.'
Probably the best target they've had in my time of investing in AusQuest (9+ years)
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Nice little write-up today in FinFeed...
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