AEX 0.00% 1.1¢ acclaim exploration nl

drilling announcement tomorrow..., page-6

  1. 4,327 Posts.
    hi folks

    Yes its time for the second drill to do its stuff :)

    Meanwhile, the drilling has been going for about 4 weeks. At a 1 hole a day thats approaching 30 holes.

    I'm not expecting any announcements re the second drill, and who needs the company to say; "The drill rig has turned up" anyway?

    Drill 'results' are the key.

    So if these guys keep drilling, taking Xmas into account, we could be looking at anything between 60-80 holes drilled by the time 2007 clicks around....less than four weeks.
    Results should be ongoing from here re releasing to the market, and released as they come in.

    So announcements in 2007 should be regular.

    Approaching mid 2007 this company will be multiples of current shareprice imo...if the drill results mirror inferred estimates.


    Patience will be rewarded here folks. Drilling will be adding the value now.

    By Mid 2007 or thereabouts AEX will probably have drilled hundreds of holes both inside and outside the known mineralisation (that has been extended remember)

    Yep take a look at the market cap and the shareprice of 4.3 cents and add a couple of hundred drill holes to that equation and an improving Uranium and Gold price into 2007.

    Add to that that the company may acually start promoting their company and resource!
    ...as surprising as that might appear, i'm sure the guys at AEX will start to talk it up...if the drill results start to reflect the inferred numbers...or better.

 
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