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Frank Pembleton

10/19/04 8:26 AM

#11578 RE: Sexton O Blake #11576

sOb ... it was a combination of things that killed AQI yesterday-- first off, Steve Saville rated the stock a sell just before it was halted, nice timing Steve...! Secondly, the resource estimate is a wee bit small to be talking about $43 million capex spending spree. I'd add that $400 gold is still too low for any project, no matter the size! These guys should shut the hell up until were way past $800 PoG and even then, investors might have a coronary at the thought.

Anyway, they've got the cash to further their exploration efforts, and it's a great back door entry into the Navidad project-- which IMO is why the stock started to move in the first place.