AEX 0.00% 1.1¢ acclaim exploration nl

denny dalton market update, page-86

  1. 12,454 Posts.
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    re: drilling was 2005 ... macrae Macrae - I watch and laugh! You are jumping at shadows pal! However your confused babble & cryptic questions are now becoming more serious, in that IMO, it is responsible for an increasing negative spin on the stock & this thread. I generally respect your posts, however, despite any altruistic motives you might have, they are in this case erroneous & therefore misleading & dangerous.

    You seem to have read some old historic report & have added 1+1=3. (Ps; I have read the reports available out there)

    Just an answer to ONE your questions:
    1] "Firstly did AEX buy DD from Savanna(h) Diamonds or from Denny Dalton Pty Ltd."

    Mate that Q. is really pathetic!
    ANSWER: AEX did neither!!!! ...LOL ..... They bought all the issued capital IN Denny Dalton Pty Ltd!!!!! not FROM them!!! Denny Dalton Pty Ltd is nothing but a holding company for the DD project, owned by Savanna & sold by them to AEX in 2005.

    As Amazed pointed out, you were ALSO wrong when you said: "the drilling was not done by Savanna in 2005"
    Your answer: ".....I think the company is confused" .... Mmmh? Lets have a look shall we?

    From the very 1st report on DD they state: "The current owner of the project obtained obtained significant historical data from the prevous owner .... prior TO COMMENCING ITS OWN RECENT EXPLORATION ACTIVITES"

    What did that include? What is it that you have got your titties in a twist over?

    1] 2002 - Savanna contracted MCG to evaluate the GOLD POTENTIAL - read again: GOLD POTENTIAL!! You see, they already knew about the U3O8 potential!
    2] 2002 - 2005 – they then conduct exploration activities incl:
    • 21 channel samples (Avmin Analytical Laboratory).
    • 24 RC exploration holes (SGS laboratory).
    • Avmin Analytical Laboratory – Uranium & gold mineralization.
    • Channel sampling results.
    • Inferred Mineral Resource statement.
    Which are all completed BY 2005

    Then along come AEX in - They ALSO engage MCG in 2005 to conduct due dilligence for them on DD. AEX engage MCG because they are familiar with the project. This is the report you are getting confused over. MCG are used by Savanna between 2002 - 2005 & then by AEX for Due D. in 2005.

    The confusion is all your own!
    The shadows are of your own making!
    The conspiracy theory is dribble!

    If you want to trade AEX go ahead, but I suggest you leave off the psychobabble - it becomes you not

    cheers

 
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