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Aquila Resources Inc T.AQA


Primary Symbol: AQARF

Aquila Resources Inc is in the business of exploring for and developing mineral properties. It operates in two geographical areas, the United States and Canada. It has three assets, the Back Forty Project located in Michigan's Upper Peninsula; Bend Project and Reef Project, are found along the mineral-rich Penokean Volcanic Belt. The area hosts multiple deposit types including VMS, magmatic copper-nickel and stratiform copper.


OTCQB:AQARF - Post by User

Bullboard Posts
Post by shuckstaron Oct 15, 2010 2:05pm
277 Views
Post# 17570192

Share Outstanding

Share OutstandingWhat's really exciting is small float that Aquila has, some 86 million shares. I have to think that a very hight percentage of that amount is held by the likes of Aquila and Hudbay management and a few early major investors as well as a couple of
independent investment houses.  I'm thinking that what we are seeing today is mostly the small retail guys selling shares. As this moves along the bulk of the shares will be held in such strong hands that the possibility of major price jumps down the road is very strong, there will be demand but much fewer shares available. 
Bullboard Posts

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