I can see AQI having a resurgence over the near term due to the following reasons:
- gold sentiment increasing following its lull post US election
- lack of recent news flow (however this will change due to imminent commencement of drilling)
- well-funded, quality project (evidenced by Barrick continuing to progress exploration)
I'm no technical expert but if it's good enough for the Barrick guys, it's good enough for me!
No huge downside here but plenty of upside - worth a punt!
GLTAH
AQI Price at posting:
19.0¢ Sentiment: Buy Disclosure: Held
