Far East Capital Newsletter
No overwhelming thematic (other than climate change) in the market place
16 Nov 2019

In This Issue


No overwhelming thematic (other than climate change) in the market place

Our key stock market indices are looking healthier even though the resource stocks in our coverage have experienced further softening in sentiment over the week. It’s not that everyone is selling. Rather, the buyers are standing back. There seems no urgency to be doing anything as we go through one of the calm periods in our chaotic World. It is not unusual, seasonally speaking.

On Thursday last week, AQI announced it had increased its ground position in Sweden to include a new high-grade copper-gold target that has returned 11.9% copper grades at surface. Named Wolf Mountain, this prospect has an area of interest that extends by more than one kilometre with widths up to 700m. It has been interpreted as an IOCG target that offers significant tonnage potential. It is more "meat on the bone" for what is emerging as a high quality exploration company. Have a look at the detailed research note I have released today following the site visit in October. Hopefully it gets the message across for even non-geologists to understand.
 

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