Club Mulgoa

Tuesday, February 25, 2020

AQX

When a precious ore body is discovered, often neighbouring tenements will also rise in value.  Ore body does not respect human boundaries.

AQX lies to the east of Boda deposit, recently uncovered by ALK which we currently hold.  AQX had spiked recently but with coronavirus wrecking havoc on world markets, it fell in the last 2 days and I saw the opportunity to invest in it.  Smart or dumb?

3 Comments:

Blogger Club Mulgoa said...

It has dropped since the stock markets reacted adversely to coronavirus threat. However, if you read the link in between the lines, I have great hope for using predictive speculation in buying AQX.

https://www.livewiremarkets.com/wires/alkane-resources-a-boda-cious-update

1:30 PM  
Blogger Club Mulgoa said...

And another article by the same promoter...

https://www.livewiremarkets.com/wires/alice-queen-plenty-of-upside-limited-downside

1:33 PM  
Blogger Club Mulgoa said...

Today, SLZ (Sultan Resources) defined a large epithermal gold target (undrilled!!!), just north of ALK's big Boda deposit. Well, based on the geology of that area, AQX is more likely to be successful with continuation of that Boda hit into its tenement.

Yet AQX has not really been noticed by any fund manager.

5:42 PM  

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