AEX 0.00% 1.1¢ acclaim exploration nl

re: 31.5 million tonnes...., page-30

  1. 4,327 Posts.
    re: 31.5 million tonnes satori Hi Folks

    Who is singing the praises of DYL? Do a history check on that one eh.
    DYL Deep Yellow/Julia Corp/Julia Mines etc....I recall the venture into technology after turning their backs on gold...wasnt it then tantalum etc?
    Smart Silicon from memory/SMS software or something.

    Raised millions...lost millions. Diluted the company to pieces. Good management?

    Seems a lot of these spec companies can 'come good' with allegedly 'dodgy management'....

    I traded DYL when it was Julia Mines JLA and did well. But that has been a series of name changes and disappointments...however...things appear to have turned in its favour.
    I still have a mate in it....hes happy.

    Thats food for thought with AEX.

    In hindsight I would have made a killing on AEX 'if' I had traded it these last 6 months. and yes, with hindsight I would have gone down the path of trading it....like I did last year on several occasions.
    Any half decent trader has had no less than 4 big moves on this to make some $...each time I have watched thinking 'am I on the right path here'

    I have decided to back my research go for the fundamentals and go for the capital gain bonus I think will be there. Alas this approach can lead to disappointment...there are no guarantees 'in 6 months time'...traders can rest assured that they are doing okay with this....by taking profits.

    I am not a smart a...se so cant see any point in not seeing/stating what is obvious.
    If I was less than 2 months into my investment i'd take a big move and take profits and try to buy in lower and 'start again' on the 12 month plus journey.

    For now though i'm well on the way to seeing out the 'plan'

    I will be the first to admit whether 'in hindsight' it was the best way to go.

    An interesting time for me with my trading because in most instances over the last half a dozen years ive rarely held a company longer than 3 months....many less than a month....many trades in mere days.

    But as ive said before ive missed some biggies because I rushed to take profits on companies I truly believed in.

    AEX is in that category. Even more so with recent announcements.

    Management certainly are not doing themselves any favours re popularity at the moment.
    But realistically all they need to do is get results....then all will be forgiven/forgotten.

    Ive seen enough companies with 'bad management' come good (PNA a good example) so this guy isnt about to get too carried away yet with those labels.

    Management are on track.





 
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