AEX 0.00% 1.1¢ acclaim exploration nl

Hi Paulpommyrules,IN a "BIG WAY"?????Could you please...

  1. 6,316 Posts.
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    Hi Paulpommyrules,

    IN a "BIG WAY"?????

    Could you please elaborate?

    So far I see nothing to suggest anything "BIG".

    I have had a look at their presentation.

    Get this! One of the years highlights.

    Their Website.

    That is hilarious if it wasn't so serious.

    It was in its infancy 12 months ago.

    Its still in its infancy and for how much longer?

    Thats the big question.

    We know its in its infancy stage.

    However, management could at least put some sign posts along the way to show that we are heading in the right direction. So far that hasn't happened.

    There has not been any real timeline in place.
    That is a big worry.

    All I can see atm is continued dilution of shares for further capital placements along the track without any substantial evidence that management are upto it.

    So far, they have not given any confidence apart from CW purchasing shares.

    If there is a repeat performance with the stage two drilling, oppies will end up worthless and I doubt anyone would dare to venture near AEX again unless there is a very dramatic change.

    I will hold on with he hope that 2007 will improve confidence in the resource (inferred to indicated to Measured) as the presentation suggests.

    They have always stated that DD was in an advanced stage.

    Well 2007 had better be the time to prove it.

    Cheers markco2
 
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