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AuQ Gold Mining Inc AUQ


Primary Symbol: V.AUQ Alternate Symbol(s):  NSVLF

AuQ Gold Mining Inc. is a Canada-based mineral exploration company. It is engaged in the acquisition, exploration and development of mineral property assets in Canada. Its Lac Bruce lithium properties are located in the vicinity of the Mia Li-1 and Mia Li-2 lithium occurrences in the James Bay region of Northern Quebec. Its West Block comprises 61 claims covering over 3,150 hectares (31.5 square kilometers (km2)). Its Central Block comprises 46 claims covering over 2,380 hectares (23.8 km2). Its East Block comprises 26 claims covering over 1,340 hectares (13.40 km2). Its Partridge gold project is located in the Abitibi region of northwestern Quebec, over 25 kilometers (km) north-northwest of the town of La Sarre and 720 km northwest of Montreal. Partridge gold project comprises several claims’ blocks covering over 106 km2. Its Eliza is located in the James Bay region of northwestern Quebec, over 300 km north of Matagami, 500 km north of Val d’Or and 820 km northwest of Montreal.


TSXV:AUQ - Post by User

Bullboard Posts
Post by tillbillyon Nov 24, 2010 10:59am
296 Views
Post# 17750577

When the Shorts Cover

When the Shorts CoverI hold a lot of UUU. (my second largest holding next to GAM). It has been heavily shorted by funds hedging/speculators betting on the ARMZ takeover not passing Congress,bla,bla,bla.
They were kinda forced to cover today due to Cameco's big news and the stock jumped huge.
My point is that GAM has a heavy short position and when this deal with Capitol closes{and it will} Shorty will be forced to cover and if there are no net sellers they are gonna get a pounding.
No volume today and no sellers. The writing is on the wall.
I'm holding until the deal closes and I will sell into that strength. i suspect it will be around 8.50
GLTA longs
Bullboard Posts