AQD

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1.3¢ ausquest limited

Ann: Quarterly Activities and Cashflow Report, page-3

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rollacoaster

5,715 Posts.

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05/08/18

22:47

Post #: 34733943
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Originally posted by gouldos ↑

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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Could you expand on why the pyritic halo comment is of great interest? In non geologist speak for novices like myself?

AQD Price at posting: 2.9¢ Sentiment: Buy Disclosure: Held
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