AEX - Acclaim Exploration

[Sean K]

Loks like day traders jumping on now. It's really pumping. Not in.

 

[YOUNG_TRADER]

Constable, What's your take on the 25mil this morning. Directors converting options or something? Was there a placement? I can't remember that.

Its showing as an Off market cross trade on my PT course of sales,

Thats some trade though $1m+

 

[constable]

Constable, What's your take on the 25mil this morning. Directors converting options or something? Was there a placement? I can't remember that.

who knows Kennas? The last placement was going to be at 3cent from memory which is the why the stock got a belting from 6 cents. There was a director buying a million shares yesterday but no ann on any exercise of options. I havent read there agm yet but assume it must be fairly positive. dont no if this run will get far but will set new resistance point. Whoops shes just gone thru look out 5 cents!
I hate this site! i had 300000 in at .46 and i would have pulled them. Might have to go and pick on their options!

 

[Sean K]

3 year chart shows quite a bit of resistance between $0.044 and $0.047. Although this early volume and the 1m off market buy is very interesting.

Drill results from DD might confirm previous inferred JORC afterall...

 

[philmac]

Its showing as an Off market cross trade on my PT course of sales,

Thats some trade though $1m+

The AGM the other day was pretty unimpressive. They had the wrong guy running it. One of the criticisms was that the chairman didn't hold any shares in the company. They said that would be rectified soon (probably yesterday).

Basically they said there's a huge area to drill and they've only completed 20 holes. No idea why they're running today.
Cheers (first post here)

 

[constable]

Loks like day traders jumping on now. It's really pumping. Not in.

yep heres the rebound still a good chance of hitting 5 cents. tell u what options are hammering along!

 

[Sean K]

If it finishes above $0.047 then it might be breaking out. Although resistance at $0.05 as well. Maybe news...

 

[surelle]

125 million traded, somethings up!!!! closed at .049
(I hold)
cheers

 

[Broadside]

I don't trust them and for that reason wouldn't touch them, but good luck to holders in trying to second guess what the directors are up to.

 

[constable]

125 million traded, somethings up!!!! closed at .049
(I hold)
cheers

well ive bought a ship load of options so ditto

 

[constable]

Interesting the options didnt come back as hard as the sp! Anyrate this hopefully will set a new platform from which their drilling results can add to. I think the days of seeing the sp under 4 cents are well and truly behind us. Am holding options so i am bias !

 

[Sean K]

I don't trust them and for that reason wouldn't touch them, but good luck to holders in trying to second guess what the directors are up to.

After the ann with the 'highlight' intersections, you'd have to question not just their overall management ability, but their sence of judgement, common sence, and understanding of the industry.

 

[mmmmining]

After the ann with the 'highlight' intersections, you'd have to question not just their overall management ability, but their sence of judgement, common sence, and understanding of the industry.

Kennas,

I am confused. I noticed that you have selected AEX as your bet for Dec stock topping. Is that you? or different person with same name.

I had extreme negative view about this stock before. But my view changed a bit. Everything is relative. AEX looks relative cheap "on the paper" compare with other U stock. There are a lot of people don't read report, and there are a lot of people depend on chart. When Uranium fever is high, even the uglist can has its day (Dangerous time!) . I guess it is a good opportunity to do a trading or two.

 

[Sean K]

Kennas,

I am confused. I noticed that you have selected AEX as your bet for Dec stock topping. Is that you? or different person with same name.

I had extreme negative view about this stock before. But my view changed a bit. Everything is relative. AEX looks relative cheap "on the paper" compare with other U stock. There are a lot of people don't read report, and there are a lot of people depend on chart. When Uranium fever is high, even the uglist can has its day (Dangerous time!) . I guess it is a good opportunity to do a trading or two.

Yes, I did pick it. A little odd considering what I've said I suppose, but I stay buy it. The stock picking thing isn't necessarily my 'top tip' but what I think has the most blue sky potential in the month. Plus, if it goes bankrupt, I don't care. Please don't consider anything I put in the stockpicking comp as my best bet. Plus, I don't think I would, or am allowed to do that here anyway.

The reason I have put it in this month is that results from the latest DD drilling may be released and there is a chance that they will be in line with historical results and confirm the potential of the project. While I consider that a possibility, management haven't proved themselves and if they release 'highlight' results similar to what they did last time then the stock will be smashed justifiably again. But, I wouldn't put my own money on it at the moment. I certainly let it be known on this forum what I buy and when I sell.

 

[constable]

strong open on both the options and shares.

 

[constable]

strong open on both the options and shares.

Same again . Was a bit of interest in their options yesterday but today there is a lot of build up at 1.4 cents. Not holding but am looking for the break.

 

[Sean K]

Same again . Was a bit of interest in their options yesterday but today there is a lot of build up at 1.4 cents. Not holding but am looking for the break.

Yeah, I nearly bought some options yesterday seeing that movement. Interesting.

DD results soonish perhaps??

I'm still very wary of this company.

 

[Sean K]

Yeah, I nearly bought some options yesterday seeing that movement. Interesting.

DD results soonish perhaps??

I'm still very wary of this company.

This is an old dog of mine that I just can't stop watching for some reason. Got my a!se whacked in Oct, jumped back in in Nov for a day trade to win some $$ back, and now it actually looks to be recovering and about to go through some significant resistance between $0.048 and $0.05ish.

Very wary of this and the company management after the first 'significant' results they released at Danny Dalton were laughable. So, what's going on now? Just day traders jumping on momentum, or is DD going to come through.

Current market cap about $27m, with historical drilling found inferred 24m lbs U, and 2.4m oz au.

Still not sure if it's worth risking. Any holders still out there?

 

[Sean K]

Not particularly happy with the grave stone doji, but looks like it's opening up with interest, and that rounded bottom looks good....

 

[constable]

Not holding at the minute kennas . Know what u mean about this stock i've also got a love hate relationship with aex. Easy giveth and easy taketh!
Anyway its had a quick climb and for me i, would like to see some consolidation at current range.