AQD 18.2% 1.3¢ ausquest limited

Ann: Quarterly Activities and Cashflow Report, page-2

  1. 112 Posts.
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    Right clues found.

    Time for the next stage of the treasure hunt at Chololo. Maps out punters:

    * Outer pyritic halo - tick
    * Two new drill locations on the map - tick

    Next clue: wont be 'if' something is found; it will be how deep/grade is the high mineralisation finds, and how many more drill attempts if the 10-12 don't find the high grades in the formation.

    Persistence and luck!  (Looking like they're convinced its not if, but when - and how deep are the high-grade minerlisation finds).

    Did anyone mention that a top 30 global miner is funding this as a strategic alliance?  And that 4.5Mn is in the bank?

    There's also another opportunity moving, bringing the number to 12 with S32. More in the pipeline, with a couple of  years left to go (at least).  

    There was also a reasonable explanation about target/location optimisation at Billy Blue - as to the schedule changes.  Which, along with Nickel were the reasons my interest was first piqued in AQD.

    Feeling pretty comfortable with a shareholding sitting comfortably in the middle of the Top 20 - had to stop accumulating somewhere!

    Probably the last post from me for a while on AQD.  Will be too busy popping champagne in the not too distant future.  Sounds like all of the punters on here have also taken this approach - not a single post until today a week post the quarterly.  Remember, AQD doesn't hype things. The fact that the quarterly says

    "results to date suggest drilling may have located a possible pyritic halo associated with a nearby porphyry copper system" should get people to sit up and take note.

    Still oodles of good fortune required, but clues are there laid out - waiting to be found.

    DYOR as always punters - really DYOR on AQD, could be life changing.
 
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