Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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
Comment by issimo2on May 23, 2008 9:30pm
379 Views
Post# 15105906

RE: Dog and his bones,,,,, ancient bones to be reb

RE: Dog and his bones,,,,, ancient bones to be reb

In my last post I asked for specific regarding what Native Americans would seek to interfere with Aquila's claim.  This post outlines specifics regarding the Hannaville Indian Community and the burial of three individuals along the Ford River. 

What is interesting is the press release which notes that the bodies were discovered before construction began by the Delta Conservation District, of a new project specifically, "The project was to stabilize the river bank and preserve the burial ground."

Get it?  The burial ground was already there (i.e. The "Indian, High Bank Indian Burial Ground".)  The project was about stabilizing the river bank in order to preserve it.  There is no new burial ground even in the press release provided - it is an existing one, to which bodies are being returned.

In my last post I added  map (by link) to the DNR "Mineral Lease Information and DNR Ownership" map for Menominee County.  As I noted, many areas are off-limits to exploring/mining - this is normal.  I suspect that the burial ground is one of them.  Because many areas are off-limits, I suggest that Aquila could not have a mineral exploration claim over this area even if it wanted one.  And so, the state will not interfere with a claim it would never have given to Aquila in the first place.  Nothing in the post I am responding to here indicates any new burial grounds, only a need to keep an existing and recognized one intact.  If there are new burial grounds being requested or planned in the AQA area, please specify.

I remain to be convinced that Aquila is in any type of a different position than Kennecott was re: a mining permit when the time comes.  Kennecott got its permit.

I have concerns about what looks to me like a lack of promotion and, related to this, about the company's seeming inability to get the price of the shares up.  They will have to go for more money some day.  This is not a good market for new cash, especially with a $0.60 stock.  They will have another 43-101.  If it is not a blockbuster that substantially rasies the price of the stock, allowing them to refinance on favourable terms, they have to reconsider their three to five year plan, as money will become a real issue.  This is the situation that many juniors may find themselves in in coming years.  AQA's great advantage is a wonderful property.  Let's hope they know how to exploit this to maximize shareholder value.  I think the next 6 months will  tell...

Cheers,

Issimo2

Bullboard Posts