Aquila Resources Inc T.AQA

that difficult word...patience

[gottahavegold]

Because my first post here is not a particularly negative one I will acknowledge that I’m not an insider. I’ve been in Aquila for many years, I have what is for me a sizeable position. I’m as frustrated as everyone else is. The question is, should Aquila be trading higher given the move in gold and the fact that the Back Forty is shovel ready? It must be said that there’s still the remaining wetlands legal issue to be sorted out. My answer is this. The gold rally has not pulled along the TSX Venture Composite Index (weighted to the juniors). I believe in June gold was up 8% and that index was down nearly 2.5%! Investors are still weary if this rally will last. If it does then I believe Aquila will not be denied. Management no doubt is as frustrated as we all our so I think we need to cut them some slack. There is one thing I’d like to see implemented and that’s a drill program targeting the Back Forty at depth. I would love to see ounces added! We all need to keep in mind that gold may pull back but then hopefully consolidate and start moving up again. On the other hand, I don't want to tie my potential future profits solely on the price of gold but this rally won’t hurt. Not easy but I have no choice but to remain patient.