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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

Post by shuckstaron Jun 28, 2019 9:26am
101 Views
Post# 29873389

FOR THE CONSPIRACY GANG IN THE BUILDING

FOR THE CONSPIRACY GANG IN THE BUILDINGI follow Osisko Mining stock. You may not know about it as Aquila has not put out a press release but Osisko sold its shares in six mining companies to Orion Mining, a private company, Aquila is one of them. As you all know Orion I think is the biggest shareholder of Aquila shares. From the numbers below you can see that Orion paid .195 per share for Aquila stock. It has to take quite some time to pull a deal of this size off. I've read a number of posts here over the last few months where there was talk of the stock being held back intentionally. There were posters saying it made no sense what with the very good permit news and the price of gold strengthening that anon and TD were constant sellers, the stock price could never get any traction was a constant theme here. I personally would have thought the stock price should have been at least .30 with the permit and gold news. I follow other gold stocks and Aquila, while not just a pure gold play, has lagged big time behind others in the sector. I have no idea whether it's good news that Orion is now by far the biggest shareholder of Aquila.      
 
Company Settlement Shares Value (C$ M)
Victoria Gold Corp. Cash 154,517,996 $71.4
Dalradian Resources Inc. Cash 38,267,014 $58.1
Aquila Resources Inc. Transfer 49,651,857 $9.7
Highland Copper Company Inc. Transfer 74,420,434 $3.0
Ascot Resources Ltd. Transfer 6,974,129 $5.2
TerraX Minerals Inc. Transfer 11,883,848 $5.0
Other positions Transfer   $22.2
Total     $174

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