AIM - AIM Resources

[chris1983]

Great message today. I knew the Mumbwa results were around the corner. Excellent message. Summary of the drill intercepts below. Very happy with my entry on the options. I wanted more but what I have will have to do. This is another longterm hold for me. All the best to holders.

• 655.4m @ 0.46% Cu, including
  
• 317m @ 0.79% Cu
• 18m @ 0.20g/t Au
  
• 42m @ 2.01% Cu,
• including 4m @ 5.56% Cu

 

[Nifty]

Great message today. I knew the Mumbwa results were around the corner. Excellent message. Summary of the drill intercepts below. Very happy with my entry on the options. I wanted more but what I have will have to do. This is another longterm hold for me. All the best to holders.

Mumbwa drill hole S36 results must have blown them away
Loved the line *The mineralization is massive*No wonder 92 mil shares traded today!
Wished for more happy ASF punters.Guess Im lucky to pick up what I missed last time
when I bailed at 15.5 and they peaked at high 30s.
Tomorrow is another day.

 

[chris1983]

Very strong volume today. Nice rise off initial profit taking. I'm enjoying being onboard these. Holding long to see how the Perkoa project continues to develop.

 

[Nifty]

Very strong volume today. Nice rise off initial profit taking. I'm enjoying being onboard these. Holding long to see how the Perkoa project continues to develop.

Interesting to look at LSE activity.,Last activity on Etrade looked promising for a further jump tomorrow,(balanced buy and sell) I noticed that the BHP/Aim is 70% in favor of Aim at Mumbwa;No shortage of funds to realize there, with big brother on board.

 

[chris1983]

Strong close again on friday. Good turn over. Offtake agreements could be coming? Once we get this AIM should be set. Looks to now have another excellent project in Mumbwa. I was lucky to have hopped on just before the run. This is another company bringing a mine online in a year. I have done the figures and profits look good. The only downfall is transport for the zinc to the ports but they have the train running through their area and it has been running steadily for a number of years. I feel very confident with AIM.

Reminds me of PNA/AGM and I hold both of those. All the best to AIM holders.

 

[chris1983]

Just touched its 52 week high of 38 cents. Didnt break it though. Lots of sellers lined up. Once its breaks this level we are in blue skys. Really enjoying the ride with these. Holding long on the oppies.

 

[elgaes]

JB morgan took 70 millions, is this the begining of break out and the climb all the way to production start up?

 

[chris1983]

JB morgan took 70 millions, is this the begining of break out and the climb all the way to production start up?

Definately a nice rise today. Getting closer to that strong resistance level of 38 cents. Wonder what will push it through that mark.

 

[Nifty]

Definately a nice rise today. Getting closer to that strong resistance level of 38 cents. Wonder what will push it through that mark.

:guitar:Zinc prices seem to be holding,so thats good news for Perkoa,but methinks that there is more news to come from Mumbwa.Something is happening,the action today surpassed the last surge in volume,J.P.Morgan Chase climbing on board,is a good indicator,the resource is there,Aim has no debt,roll on 40 cents+.

 

[Lachlan6]

Gday Nifty. I really like AIM. Today was a great day for AIM, however it still has a bit of a road ahead of it. Key resistance at $0.38 MUST be taken out before this can run higher. The volume paints a very interesting picture here. The big retracement from Dec 06 to May this year was not supported by much volume in the scheme of things, and the recent big rise is soo nicely supported by huge volume. In many ways, AIM presents a chartists dream as soo many levels are adhered to and as is support and resistance, gaps etc. I will definently be in if it can break $0.38.

 

[Freeballinginawetsuit]

Wonder what will push it through that mark.

Passing of time .

CAPEX at Perkoa is more my concern, the rate thier burning cash ramping the mine will no doubt result in a placement soon or some debt funding package.

Hopefully the SP bumps along a bit further and if they do a placement its at a reasonable price.

 

[nizar]

Agree with Lachlan.

WHen resistance at 35-37c is broken ill be in this one for sure.

First entry probably half parcel. Stop at 33c-ish. Then top up on the pullback.

 

[elgaes]

Could JPMorgan take a big chunk of AIM because it senses some take over by a bigger player? very suspicious move! better keep a close watch on this one

 

[chris1983]

Agree with Lachlan.

WHen resistance at 35-37c is broken ill be in this one for sure.

First entry probably half parcel. Stop at 33c-ish. Then top up on the pullback.

Failed to break resitance again today. It had a shot at it but couldnt push through the 38 barrier. Still looks good as a stock to hold long on.

 

[Nifty]

Gday Nifty. I really like AIM. Today was a great day for AIM, however it still has a bit of a road ahead of it. Key resistance at $0.38 MUST be taken out before this can run higher. The volume paints a very interesting picture here. The big retracement from Dec 06 to May this year was not supported by much volume in the scheme of things, and the recent big rise is soo nicely supported by huge volume. In many ways, AIM presents a chartists dream as soo many levels are adhered to and as is support and resistance, gaps etc. I will definently be in if it can break $0.38.

:guitar:Well Lachlan,are you in yet? Monday will be very interesting.Rather generously anxious, were some of the morning punters.Us on board were prematurely ordering vintage beyond our normal means.:
:

 

[elgaes]

About to explode soon I think, building up on buyer size, look like it gona over run the the 40 resistance this time. Some one need to give the buyer side a push to get going

 

[Sean K]

About to explode soon I think, building up on buyer size, look like it gona over run the the 40 resistance this time. Some one need to give the buyer side a push to get going

I don't know about 'expload', but if it breaks resistance at 37/38 (not 40) then it might go for a run, but 'expload' . I can't see the buyers building, looks pretty stagnent right now actually. Perhaps I'm missing something here. Good luck to holders, hope it breaks through for you. Might need another drill result perhaps.

 

[Nifty]

I don't know about 'expload', but if it breaks resistance at 37/38 (not 40) then it might go for a run, but 'expload' . I can't see the buyers building, looks pretty stagnent right now actually. Perhaps I'm missing something here. Good luck to holders, hope it breaks through for you. Might need another drill result perhaps.

Stagnent, Expload,Typos? Maybe,but Aim is hanging in there and those who are not in,will have a big hindsight, Wish I had.Aim is good value IMO even though SP has risen rather quickly this month,:guitar::guitar::guitar::guitar::

 

[Sean K]

Stagnent, Expload,Typos? Maybe,but Aim is hanging in there and those who are not in,will have a big hindsight, Wish I had.Aim is good value IMO even though SP has risen rather quickly this month,:guitar::guitar::guitar::guitar::

This is the problem with people making rash comments like a stock is going to explode (got it right) or go to the moon, or whatever. It's just an absolute @rse pluck with no analysis, and belongs only on HC. Just because someone has a gut feeling, or a hunch, or post fixes a comment with DYOR, does not make it a valid, worthwhile, or relevant post. This might break resistance at 37ish shortly, and it could be a significant break, but without any reasoning, it's practically a ramp and does not belong here.

 

[chris1983]

This is the problem with people making rash comments like a stock is going to explode (got it right) or go to the moon, or whatever. It's just an absolute @rse pluck with no analysis, and belongs only on HC. Just because someone has a gut feeling, or a hunch, or post fixes a comment with DYOR, does not make it a valid, worthwhile, or relevant post. This might break resistance at 37ish shortly, and it could be a significant break, but without any reasoning, it's practically a ramp and does not belong here.

Thats a fair comment. I didnt see any reason for it breaking resistance today. Im still holding as I think it will break resistance sooner rather than later..just dont know when exactly. This is one of those companies that are building a mine..it will go through the phases..its a long term investment for me. I think if you put them away for a year you will reap the rewards.