disappointing indeed, page-18

Hi Folks

Yep I suppose 5.2 is a bit disappointing...oh well thats the way it is for now.

A lot of this weakness is almost forseen/predictable. Traders buy on volume and momentum and then set their stops...naturally after the hype...and no announcement...(the second time recently AEX has run I believe on the hope of an announcement)....the price retreats, the traders stick to their plan and 'bingo' we have just seen a sell off....fundamentally nothing has changed...only the 'sentiment' and the 'perception'

My feeling...im saying that deliberately...my 'feeling' is that we are close to something here that will see us break the recent top of 6.4 cents.

No inside info, no technical insight, no real additional fundamental info to back it up (apart from stronger commodity prices)...I just think we are on the brink of a re rating.

I said the same thing days before the last rise and who knows...? mind you the last rise was very predictable and a number here would have seen it coming.

My reasoning is that you just cant keep down a company that has an inferred resource in the billions and rising with imminent drill results...most of which will mirror those holes 30 years ago that had mineralisation.
AGS is a prime example.

Now i may be wrong (naturally) but I am more confident with AEX than at any other point since ive invested/traded them. and why shouldnt I be. Theres 20 holes to be announced shortly.

Uranium is still going upwards. Gold is still hovering around $600. The geology is very promising....'immensely' promising in the companys own words.

Sorry guys, this AEX Bull isnt holding back here. I dont care about short term gyrations/weakness/technicals as my fundamental approach has been from day 1 of going long to back my judgement and research all the way.

Yes its frustrating knowing I could have traded it several occasions (and would have prior to my last buy and decision to go long) but when you think the fundamentals can eventually bring home the bacon...despite the high risk, despite the obstacles then why not go for it?

Good on the traders I say. If you are making a few bucks thats what its all about.

My sums/calculations tell me that even my conservative estimates will reward me to go long. We will see where this is in 6 months.

Of course I could have this totally wrong....always a possibility. But sometimes you back that 'feeling' and your 'gut'.....

So much depends on management decisions from here. The market is accommodating for any good story...there are no excuses imo.

Economics are there...even for current grades.

Bring on the announcements boys :)....but only when they are ready ;)

Exciting times

PS AGS is looking like going to $1 any week now....not bad for a 4 cent company little more than 15 or so months ago ;)

AEXers should take something from that