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AIM - AIM Resources

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hi all
have a look at this one
looks very promising in the uranium and zinc field
jv with BHP
news due out shortly
looks like a winner to me

regards croc
 
Re: AIM AIM RESOURCES LTD

Looks to be wandering AIMlessly sideways to me :D

GP
 
Re: AIM - Aim Resources Ltd

maybe you should do some fundamental research GP
then your comments would be more founded
sideways movement finished july 14

croc
 
Re: AIM - Aim Resources Ltd

crocdee said:
sideways movement finished july 14
That depends on your time frame.

It may have shot up a little from the relatively flat period of the last few months, but is still not as high as it's been three times before in the last year odd.

In my opinion, for a longer-term investor, anything under 7 cents is still ranging sideways. In fact, I'd want to see steady movement above 8 cents before I considered it much of a long term investment.

Short term trading of course is a different story. The 4-7 cent range it's been in gives plenty of scope for decent profits (and losses).

Cheers,
GP
 

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Re: AIM - Aim Resources Ltd

GP
thanks for your thoughts
have you read any co reports or are you just looking at the charts

croc
 
Re: AIM - Aim Resources Ltd

Just looking at the chart.

GP
 
Re: AIM - Aim Resources Ltd

crocdee said:
maybe you should do some fundamental research GP
then your comments would be more founded
sideways movement finished july 14

croc

Aim is typical of the type of stock I have recently been trading, or should I say chart type.Trouble is all the breakout signals have been and gone, whether this is a trend in the making, only a beginner so wouldn't have a clue.
It could well just be a mini rally, not the start of a trend.Hope it goes well though.
 

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Re: AIM - Aim Resources Ltd little company great future

hi all
gave this one out when sp was 5.6c and copped a bit of flack.
nothing in this game lasts forever AZR is proving that, however i firmly
consider AIM has alot left.
still recommend you have a good look at the f/as
the t/as also look good
big news to come in the next few weeks.
i'm in @ 5.6c and running the stop loss

regards croc
 
Re: AIM - Aim Resources Ltd little company great future

crocdee said:
hi all
gave this one out when sp was 5.6c and copped a bit of flack.
nothing in this game lasts forever AZR is proving that, however i firmly
consider AIM has alot left.
still recommend you have a good look at the f/as
the t/as also look good
big news to come in the next few weeks.
i'm in @ 5.6c and running the stop loss

regards croc

If you're still holding croc it looks like you've made some dough! What's the main point in favour of this one? Is it good management? or good assets?
 
Re: AIM - Aim Resources Ltd little company great future

crocdee said:
hi all
gave this one out when sp was 5.6c and copped a bit of flack.
nothing in this game lasts forever AZR is proving that, however i firmly
consider AIM has alot left.
still recommend you have a good look at the f/as
the t/as also look good
big news to come in the next few weeks.
i'm in @ 5.6c and running the stop loss

regards croc

Hi Crocdee,

Could you please explain why you are positive to this regard?
What kind of news are you expecting?

Cheers
 
Re: AIM - Aim Resources Ltd

hi rich & ex
don't know much about management atm

massive zinc resource in west africa & of high grade
more test results due shortly with anticipated upgrades
bfs close to being finalised

jv with bhp for large scale uranium project in zambia
drilling to commence in november

suggest you do your own research, read the company reports it's
all there.

bit of a sell off atm don't know why?

regards croc
 
Re: AIM - Aim Resources Ltd

AIM resouces [AIM], I noticed AIM has announced in london last night that ANZ nominees has increased their purchases in the company by 4.2 mill shares to 18.8 mill shares on 2.8.05. This follows on from previous ANZ nominees transactions into AIM, and now totals 3.69% of AIM.

I realise that ANZ nominees are carrying out the transaction for a third party, [of the additional 4 mill shares in AIM]. but this is about their 3rd or 4th entry in compiling up to 18mill shares in AIM, and somebody maybe "hiding behind the nomination " [be it a wealthy individual, or an institution or another large miner], to be building up a considerable holding in AIM.
Together wih BHP Billiton and "Gerry Harvey" of Harvey Norman fame, [a very smart , shewd operator] holding a sizeable whack , i think thats enough for me to think AIM may be a worthwile investment
 
Re: AIM - Aim Resources Ltd

Hi all, been in AIM for a month now.

Excalibu and Rich Kid, don't you guys do any research or you just hope ppl. going to do it for you?

Quickly the Perkoa resource is very nice. 7.06 million tonnes grading 17.7% Zn (at a 10% Zn cut off). Thats a very high Zn grade, JORC compliant and also an extremely high cut off grade. Certainly potential for a resource increase.

Expect Drilling results followed by the BFS (Bankable Feasibility Study) later in August.

Got BHP looking over their shoulder too, so it could become interesting in the future if they begin production.

Potential negatives I see.

-Africa obviously not without risk
-Project quite a fair way away from Port.

Other than that, I am very hopeful of seeing a postive BFS later this month. At which stage AIM will seem very cheap at todays price. AIMO's for anybody who really likes a punt.
 
Re: AIM - Aim Resources Ltd

bailej03 said:
Excalibu and Rich Kid, don't you guys do any research or you just hope ppl. going to do it for you?

Nah mate, too much trouble, easier to guzzle down a few while watching the telly- you funnymentals blokes can do the hard yards. ;)

But seriously, just thought there may be followers like you who've got something of interest. I'm not following this seriously yet or would have contributed what I knew. There's never an obligation to share info but I appreciate the fact that you did. Hope it does well for you.
 
Re: AIM - Aim Resources Ltd

RichKid said:
Nah mate, too much trouble, easier to guzzle down a few while watching the telly- you funnymentals blokes can do the hard yards. ;)

hi rich
what a funny thing to say after all the work you put into AZR.
knowing you a little better i guess it's tongue in cheek.

seriously though if you put some time into this one i think you will be well rewarded.

the diggers and dealers convention is on this week in kalgoorlie and i know the aim exec has offered to fly some brokers over the ground they have around kal.
don't know much about that at this stage but will definetly be willing to find out more info.

regards croc
 
Re: AIM - Aim Resources Ltd

hi all
the f/as are fairly solid, of which i have no problem.

however i would like the views of those who study the charts.
atm i am still trying to get a handle on how to read the future for the next day or two or perhaps a week.

as i see it the chart looks like it is getting ready to bust out
there is a gap between 6.8c and 7.2c that needs to be closed

news on futher drilling is due shortly along with a bfs on the zinc project
the uranium side is a bit further down the track not till november i believe

anyway to those who have a good handle on the charts, how do you see this one travelling for the next few days.

in the short term this stock looks like a no brainer to me, however i'm very interested in what others think.

regards croc
 
Re: AIM - Aim Resources Ltd

Still in Croc?

The next month for AIM should be a good one. Management seems very positive about Peroka Zinc project being a goer. Should be announcements a plenty soon. Holding well at 5.7-5.8c, buyers just letting sellers fall into them. If no news in the next week than will probably fall a little further, but shouldn't go any lower than 5.5c, or a little bit of a leak and we could be off and running again. Could be a could oppurtunity to get in if interested.

Plenty of news in UK, been posted elsewhere:

http://www.growthcompany.co.uk/news-and-comment/21232/aim-resources-poised-for-zinc-report.thtml

http://www.resourceinvestor.com/pebble.asp?relid=12144

??? Time will tell soon enough. Plz dyor.
 
Re: AIM - Aim Resources Ltd

hello bailej03
stop less was triggered @ 6.1c where i made an exit.
have now changed over to the oppies @2.9c and patiently waiting.
the charts are looking more in the over sold mode now and if i had more dough i would be buying more at these levels.

bring on the news

regards croc
 
Re: AIM - Aim Resources Ltd

Yeap in the oppies with you croc. Very risky imho, underwriter took up a hell of a lot of these but they don't seem to be selling - good sign?!

Trending up to end the week. Very good sign. Be surprised if we don't see some announcement next week, or at least some traders and hype runnnig it back up a little.

Have a Good w/e.

James
 
Primary activities: Acquisition and development of mining ventures in Africa and Australia. Platinum, Zinc, Copper and Gold

Shares outstanding: 511m

Market cap: $42m (as of 31/01/06)

These guy have a massive, high-grade "Perkoa" zinc mine in western africa..
6.72Mt@16.4% zinc
BFS is complete
Target production is june2007, with forecast production of 116,000tpa and costs of 18c/lb...

Iv done some back of envelope calculations, and at current zinc prices (2235USD/lb) by fiscal 2008, they would have earned 259m and net revenue 209m... this means eps=50c??? If thats correct, than it seems as though this is a good opportunity..

Directors have been buying, largest shareholders are JP Morgan, ANZ Nominees and BHP Billiton..

they also have a JV with BHP on a gold-copper mine...

if zinc prices can hold up till then, this seems like a good company to own..

I dont hold, but watching from sidelines..

Any thoughts?
 
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