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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
Comment by yoda2on May 04, 2012 1:51pm
149 Views
Post# 19872591

RE: RE: RE: chin up RISKS of HBM

RE: RE: RE: chin up RISKS of HBM

I have not been a SH for a long. And I see the big benefits of having HBM as a JV partner with big bucks, lots of expertise and an interest in buying the eventual output. At the sametime I have been lead to believe there are possible risks of being with  HBM including:

they would control the time line (if they want to go slowly they go slowly)
They would control the info and could arrange news releases to suit their purposes,
they may have no interest in a speedy development of the ore body if it does not fit with their planned need for the ore as feed to their mills,
Once they have proven a certain level of found resources they may delay searching for additional resources until they see a need for more resources in their long term production plan,
they may have market power over the share price and could keep the price down so they can buy 100% at a low ball offer,
Potential buyers of AQA may not find it to be an attractive acquisition candidate because they would have to deal with HBM,
there may be concern that once into production, HBM will fiddle with the accounting to reduce AQA's share of profits(I am not sure but someone may have recently sued HBM, for this CAA??) .

There may be other reasons. I do not know. This concern does not seem to be enough to offset the high potential of AQA.,

Bullboard Posts