Wow...what a day ! finito 2 dayz outa of a sign of the market...

Wow...what a day ! finito 2 dayz outa of a sign of the market and a computer almost got me mad !

Now, I find all point of view in this thread very interesting especially since yesterday's annoucement and do respect all EXCEPT the cl0wn CK's aka s many names....

Anyway, Here are my view in this whole situation :

- Nameless, how disappointing.....the grades are not too bad but the whole problem is not the grades but the Alumina levels. The Alumina levels complete stuffed the announcement up.
But, the big question and the most important here. Can Ausquest reduce the Alumina encountered by processing it ??????? And if the can, will Rio Tinto still be interesed on the project especially when it will need to spend more money and time to process it ?

- Most of us here in this forum (no newbies talk) have a good experience on the investing and trading enviroment and do understand the corporate and financial aspect of this game.
We've been hearing and seeing a increasing number of scam cases and inside trading from the last years until now...not that inside trading has not been practised for more than 50 years.......but much more lastely....no wonder ASIC got more revenew and power to investigate cases since the big boy Enron open the eyes of most International markets......
Looking at the Ausquest price history, the volume, the announcement/news, course of sales on the day of the announcement and the circunstances I DEFINETELY can say the I believe on a news leakage here....
Someone definetely knew about it...
Who in this business doesn't have a "contact", a good "tip", a lil inside ? Man.....or this is the angels club ????? especially where this game talks one common and direct thing - MONEY !

- I still think Rockelea, Sylvania, Table Hill and other projects have the potential to give Ausquest an "edge" and catapult this company to great levels, especially when big BOYZ like Rio Tinto and Falconbridge already did their home work and do believe that good progress could be possible.

- John Ashley's today's buy.....well the size of the parcel at this point of the game....after the disappointing ann is not counting... SO, my only think is the obvious... they brought this annoucement to try to stop the sell off and the further devalue of the SP....
Think again....the stock lost 45% yesterday and almost 19% today....byt Friday it could be a quite ugly number.......

I'm hoping for two things here :
- Rocklea to bring some good news - if not the SP will drop even further....
- Ausquest to have a good discussion with Rio Tinto and then Rio give the news all holders would like to hear.... They are continuing with the JV project.....

Now, what's going to be ?

cheers