AEX acclaim exploration nl

drilling an old hole, page-3

  1. 12,498 Posts.
    lightbulb Created with Sketch. 322
    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
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

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