I tend to look at things here with the share price as not necessarily geared towards a week by week (timeline) prediction. Many of us here have done this and have missed the mark.
Its all about development and achievements now. Any initial hype and price spikes were stymied by the recent correction and the delayed drill results.
The share price hasnt recovered since then.
Imo we need drill results to really get AEX moving again. Preferably accompanied by bullish company/management sentiment.
The drill delays really impacted AEX as the correction was a double whammy that would not have impacted AEX to this degree if the drilling had started in April.
The wonderful thing with the delays though is that any positive drill results will be coupled with the current commodity prices for uranium and gold.
Potentially so much better as the market will be looking at Uranium near $50 as opposed to several months ago near $40....and gold still strong at $630.
And we can only hope that Denny Dalton and Aex get mentioned in the same breath as Paladin and the 'connections' ..however loose, are mentioned.
Funny thing this market, all fickle and sentiment driven....lets hope parallels can be drawn between the two because if they do then we will see great things happen to the share price as a result.
PS Apart from Gold and Uranium at DD is the geology/surrounding area capable of producing 'other metals' that may add further value and intrigue to the operation?
Havent seen a mention in any reports.
AEX Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
