State one Capital quoted 5 Uranium stocks as the best valued stocks for excellent returns on investment in their Uranium overview analaysis, so far all State one picks have increased in value.
BLR...STATE ONE .21...recent High. ...42...now .25 UKL....................1.14...recent High...1.60...now 1.45 WHE .................1.55...recent high....3.14...now 2.55 ARU ..................86.....recent high ....2.28...now 1.62 AEX................04c....recent high friday .050..now .050
if AEX holds true to their other best valued stock picks then AEX should soon be above 8cents in the near future
This article is from State one stockbrokers March 2007 Acclaim Exploration Limited (AEX) $0.04 DEFINITE VALUE The major project for Acclaim is the Denny Dalton deposit in South Africa, which has in Inferred Resource of 31.5 million tons grading 350ppm U3O8 and 2.5 g/t Au for 11,000t uranium and 2.6 million ounces of gold hosted in a Witswatersrand-like conglomerate. Geologically, these deposits can be difficult to estimate grade continuity, so we see some potential downsizing of contained metal resource with a move to Indicated. Despite this, AEX is substantially undervalued compared to its peers especially after early March’s correction which slashed Acclaim’s value by over 20%. Reality Check: A long road to production and capital raisings required regularly hardly offset a 2 million ounces of gold and 11 kiloton uranium resource, which is more than many other companies have. R Summary Project Denny Dalton Resources (t U) 11,000t U 2.6M Oz Au Country South Africa Policy Risk Low Market Cap $45m @ 4c Exploration: Denny Dalton 12 month High 6.7c 12 month Low 3.1c Value Excellent
AEX Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held