How can a company takes 2.5 months to drill 11 holes (not even sure if the next batch of 6 holes has been complete) and todate have still yet to report the results ?
Did you say the holes are only 30m in depth ? If so, I am very worried ....
Maybe there is nothing in the holes - otherwise just like Ceduco, the directors will be rushing out with the results !!!
Lastly, the AEX has their cronies - 200 million options were issued recently at 0.2 of 1 cents (in the most strange reason ie. to raise funds for working capital & drillings - they should be issuing shares instead, not 200 MILLION option at 0.2 of 1 cent). That is why in recent days, these cronies who got the options at 0.002 cents are now selling for a huge profits of 1.98 cents !!!!
Plse double check the above facts before you make your own conclusions.
AEX Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held