Hi aburns,
I know what you mean about that "Warm Fuzzy Feeling"
with AEX.
LOL!!!
Sold out of one of my stocks today as i did not feel right about the management aspect. Its a hard call when that happens.
You need to ask yourself:
1) Why you bought in the first place?
2) Do you trust the compitence of the Directors?
With AEX, the market would like to play.
The problem is, they don't know what there playing for.
Thats the Risk factor.
I have been tempted on getting back in. Yet, like many i am still very hesitant.
It is way undervalued to any other "U Company"
$1.99lb.
Its a steal really.
As well, they still have the shares $7mln investment in MLX 22,500,000 shares @ .29 = $6.5mln
Why the low price then?
Management has not shown competency.
Thats where the risk is.
They should be sitting on a fantastic low grade deposit
of "U" plus Gold.
No one really knows including analysts and brokers if they paid $6mln for an uneconomical mine or not.
If it pays of, it will move the price very quickly.
ATM there is no way of telling.
I may enter if the price drops again or will wait to see and then enter if has a good chance.
I don't mind paying a bit more to lessen the risk.
Cheers markco2
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