AEX 0.00% 1.1¢ acclaim exploration nl

what is wrong with aex, page-39

  1. 4,327 Posts.
    re: what is wrong with aex lmorgante3 Hi Folks

    How about some perspective here folks?

    AEX has got Jack at present except an 'inferred' resource.

    Why would big boys get in now?

    We can assume too that 'big boys' dont always get their timing right (see any number of juniors over the last several years that were considered 'too risky' etc)

    I dont think AEX are doing a number on us. I dont care too much when the results will be released as ive stated before.
    September was when I thought we would see some results, as ive also stated before. They can release 'em in October for all I care. Just keep drilling I say. Keep drilling AEX and capitalise (if the resource is actually there) on the strong commodity prices.

    There is no need to rush imo.

    If Management could do just one thing for the company it would be to just keep drilling and let the resource speak for itself...with a little commentary of course from the company wouldnt hurt ;)

    AEX is ridiculously cheap 'if' the inferred resource is there.

    Dont panic. The market will sort this out. If you have suspicions get out now and wait till the 'crowd' jump on ...if they do.

    I invested because I thought there was an excellent chance of AEX proving up the inferred resource. It might take a year to do it. So what?
    With any luck Uranium might be much much more then and the company would be rated accordingly.

    So much is unknown here.....thats why its 4 cents. Its also 4 cents because the company hasnt been pushing the project. Theres been little or no PR work to date.

    I think they should comment when the drill results are in their hands and take things from there.

    Most of the complaining atm is from quick trigger finger traders hoping to make 20% or people wanting AEX to work in their time frame.

    Im in for the multiples...if they are forthcoming. They wont be here in weeks or even months most probably. Might take a year or more.

    Then again we could be sitting on one almighty dud?

    September will reveal a lot about Denny Dalton and the company management imo.

    And one more thing guys, i'd like a swag more of these and if these prices continue to languish or if theres 'initial' disappointment or a selldown I will most likely pick up more if nothing has 'fundamentally' changed.



 
watchlist Created with Sketch. Add AEX (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.