I believe the MOE has capped the amount of water that can be pumped from the mine . So much per hour or per day . Rumor , i've heard there is some kind of structural problem with the headframe or something above ground but when i've called the contractor in New Liskard , no one answers . Something has to be re-built ?
It will take a massive news release to jump this thing to .50 all at once and it's required . Check the history and you'll see that everytime QAU pops to .25 to .30 , Canaccord day trades it down the tube . I've never managed to beat Canaccord to the trigger , yet .
A buddy did his masters thesis in geology on that area . He has chip sampled many excellent value specimens before it was QAU property . He doesn't know what will be found drilling down in the mine but it's his opinion that most of the gold in the area was missed. On his say i purchased a lot of QAU but i don't expect to make a nickle until or unless Canaccord leaves it alone and lets it rise . Having seen Canaccord in action on many juniors , i'm not holding my breath .
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