AEX 0.00% 1.1¢ acclaim exploration nl

guinea financing, page-12

  1. 4,327 Posts.
    Hi Folks

    Been out of this for a while but think they may have done okay re Guinea....but is this just 'another' dress up and sell project?

    AEX have a history of buying and selling and not developing.

    The infamous Langer Heinrich to Paladin sale for about $15,000 the most notable

    AEX holding MTX shares is the right thing to do currently.

    I'd suggest Denny Dalton will go the same way and AEX will again hold an interest and then focus their attention on Guinea.

    Im seeing parallels to RRS and their entry into Puntland re Guinea.

    Probably will get diluted (again) but could hit the jackpot.

    AEX are almost like an incubator/mothership type of company.

    Their history suggests that any great find/tenements will be sold on for 'relatively' a small holding while others develop them and get the big $.

    That in itself may well hold the share price and MC to lower levels.

    Management clearly do not believe they have the expertise to develop these projects.

    Definitely a traders stock and one worth monitoring at the moment imo.

    But stay away if you are looking for a company who will follow through on their acquisitions and create real shareholder value (like the PNA's, OXR's etc etc)
 
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Currently unlisted public company.

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