Hi Dazza
You mention:
"this essentially is a drilling of an EXISTING HOLE, of which AEX is doing"
That's nor correct! If you read their latest announcement, they are engaging CCIC to assisit in ore-body modelling & then will begin in-fill & ore-body definition drilling.
Basically, based on the "plan" developed by CCIC, they will begin drilling "in between" the existing drill holes to define & "prove-up" the resource to JORC standard.
if you do some research into AEX & the DD project, you will see a picture emerging of a company that has identified a fabulous asset & has gone out and done everything possible to get it. They have beaten other companies to the punch & have equity firms in both Australia & UK interested in being involved.
I am not knocking you, but, along with reading books such as you have done, do some good research into companies as a balance!
In the case of EXT, I agree with your comment & hence have avoided them. Much better African opportunities out there IMO. (EXT holders: Thats just my opinion! All the best if you hold)
cheers
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