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AEX - Acclaim Exploration

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Company didn't give a time frame, but the samples were in mid September, so say a month from then, so next week maybe. Depends on the lab and how busy they are I guess.
 
Hi Kennas,

Good to see you are keeping the faith.

I have held onto my AEX since March.

Added some more this morning and will continue to do so over the coming weeks at least until we know what the outcome of the drill results.

I look at it this way.

You have Creasy as the number two shareholder. We still don't know who owns number one spot. Very mysterious.

They paid $6mill for Denny Dalton. When you consider they sold the Langer Heinrich to Paladin for $15k, surely they could not have paid $6m for a dud.

The oppies look like excellent value.

I will continue to accumulate.

Cheers markcoinoz
 
AEX building a pretty solid base just over $0.05 and MACD looks to be starting to spin. Time lag of the support just starting to catch up. Volume down after the day traders jumped ship last month, and reduced selling may mean long term holders are holding on. (or is that no new buyers? )

Anyways, looking solid. Established base for next shoot when new confirmed JORC comes out. Market is pretty positive atm on good results with the bulls back in town...
 

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Kennas, what is your opinion chartwise now.

Looks like its set to smash 6 cents finally.
 
there suppose to be more... just read the announcement carefully...
yet, market overreacting just to read first page showing low grade...
 
Fab said:
Why is it going down so strongly ??
Click to expand...

overhyped and underdelivered I guess, I didn't hold but when this:

*0.2 metre @ 9.5g/t Au, 73ppm U3O8*

is in the drilling highlights you know it is going to be hard going
 
trigger stop loss maybe...
sp was increase rapidly before announcement comes, daytrader must be knowing something. ppl buying up and now got burn.
buy on rumors, sell on fact...
 
powerkoala said:
trigger stop loss maybe...
sp was increase rapidly before announcement comes, daytrader must be knowing something. ppl buying up and now got burn.
buy on rumors, sell on fact...
Click to expand...

then the rumours were very wrong, it looks suss to me
 
Stick to EXT people, they have proven fantastic drill results!!
*28/09/2006 ann. 9metres @ 1.077kg/t incl. 5metres @ 1.853kg/t
10metres@ 0.345kg/t
*21/08/2006 ann. 41metres@0.361kg/t
8metres@2.316kg/t
14metres@1.063kg/t
*19/07/2006 ann.10.25@0.264kg/t
2metres@1.019
10metres@ 0.335kg/t
 
I think AEX management did good job on NOT disclosing market sensitive information in a professional manner. You can find it out from thier website and release, very suggestive, nothing real. As a matter of factor, I researched this company, I cannot find any valuable info provided by the company except millions of years old rocks in their HOSTRICIAL holly land.

We need millions of ounces gold and millions of lbs Uranium! Show me these!
 
It wasnt a good day. It will be interesting to see what happens. I would be a little worried having a large holding in this one. Things can turn around in the blink of an eye though. Good luck to the holders.
 
jemma said:
Kennas, what is your opinion chartwise now.

Looks like its set to smash 6 cents finally.
Click to expand...
sure smashed something..thinking it was a mirror lol :
 
Holy cow batman!

I have been on the GBR diving for the past week or so, come back, and AEX has made a great run through $0.06 and then SMASHED back down to $0.04 ish.

Have to agree in regard to some of the gradings advised by the company. They seem pretty weak to me. Any expert opinions out there?

Interestingly the company was 'pleased to announce' the results. They also go on about the extention to the mineralisation they are hoping to mine. Good right?

From their previous anns I was actually expecting them to announce a revised inferred JORC resource for DD, but nada! This was what everyone was expecting I think. What all were waiting for. Disappointing, and the stock has been dumped accordingly.

Where to from here for AEX holders?

Switch, or wait for the next results after the next drilling to start in Nov?
 
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