Australian (ASX) Stock Market Forum

AIM - AIM Resources

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O.K. 12M Vol most at 15.5 or above, strong break yesterday with 6M Vol. Last two days of Volume about the same as a week and a half of usual volume.
Most of the week hands should be out yesterday and today considering the volume and the quick take outs of the boards. Might soften up with some profit takers considering its jumped 40% in the last 2 days.
I like AIM's prospects with the Zinc mine and considering my low entry point, I'm staying LONG on this one.
Any other punters on AIM, ASF is pretty quite on this stock
 
AIM held up O.K. today and at least closed above yesterdays high. Profit takers put a lot of selling pressure on the SP and I must admit it was tempting to sell but I'M still in.
Next week is going to be telling, AIM needs to hold above 15c, build some momentum and slowly creep, or take another run.

Going to get Fat Prophets to do the fundamentals on their Zinc mine and put a prospective price on Their SP, once this is operational. Still a bit concerned how AIM is going to fund it, loan or issue more shares (at what SP etc).

Considering the location of the mine in West Africa, I'm even considering going on a trip ( good surf at Accra,wildlife,etc). Even the names of the surrounding towns to the mine (Ougagoogoo and Timbucktoo) sound interesting. Seemingly the've got the mine building contractors on site doing construction etc,might actually be able to see something realistic happening.

No one else on ASF seems much interested in AIM so if anyone out their could offer some thoughts or suggestions on their fundamentals, my LONG position, it would be much appreciated.

Really think these guys might be a bagger SP in a year or two, Again any other punters opinions would be appreciated.
 
gday freeball
IAM a AIM supporter, i held all for the past 3 months, didnt do a bloody thing, got sick of no news, so sold out 2 weeks ago had truck load two, why oh why didnt i just hang on to them. iam fn spewin man, i was even gunna go there sound like a great country, i live in ireland so its not far, ill have to get me hand fixed though after punching the wall. i will be back in sometime,, i even got the irish boys onto this and i said hold for 18 months, they still do but like a f---k-n w-nk-r i sold.. it was handy for the lads as its on the aim index. if iam in again let me no if you gunna go there ill be keen for a wave, spend bugger all aswell cheap as nut there, i just have to buy in and get interested again. its still a great stock.. regards beach :banghead:
 
beach said:
gday freeball
IAM a AIM supporter, i held all for the past 3 months, didnt do a bloody thing, got sick of no news, so sold out 2 weeks ago had truck load two, why oh why didnt i just hang on to them. iam fn spewin man, i was even gunna go there sound like a great country, i live in ireland so its not far, ill have to get me hand fixed though after punching the wall. i will be back in sometime,, i even got the irish boys onto this and i said hold for 18 months, they still do but like a f---k-n w-nk-r i sold.. it was handy for the lads as its on the aim index. if iam in again let me no if you gunna go there ill be keen for a wave, spend bugger all aswell cheap as nut there, i just have to buy in and get interested again. its still a great stock.. regards beach :banghead:

Good onya Beach, Love the lingo; Very sophistocated, made me laugh (specially the bit about punching the wall) Know how you feel.
Used to surf till I started to put my neck out everytime I wiped out.........Unfortunately I used to wipeout a lot....if you get my drift. :D
 
gday barny
you shoudnt try goin out in those 30 feet phycotic cyclone swells you get up dare on the mid north coast. regards beach
 
I like the prospects here

Had held them from 4c area but as usual sold early, looking to buy on pullback if it occurs
 
AIM held up pretty well yesterday with a good volume traded (~20M). i was actually expecting the profit takers to put some pressures on the sp. it will be interesting to see how it goes next week.

long term wise, AIM has the potential as it is sitting on a nice zinc asset. i hold a small parcel previously and sold out in May on a nice profit. it's still on my watchlist and i'm looking forward to an opportunity to enter again later. my only concern is the capital raising issue and was wondering how it's going to be funded eventually. does anyone know how many shares are on issued for AIM?

the news on bringing forward the production schedule to 2007 is most welcomed but like any other expectations, i hope it will deliver it at the end. in a volatile market today, it will be punished if it's not met.

happy trading! ;)
 
gday sach
roughly 600 mil shares, and close to 100 mil options, but dont quote me on that cause iam only trying to remember from what i read in the last report that was a while ago.. i remember thinking that it doesnt take much to get the mk cap up caus of all the shares on issue, also i tended to compare them to CBH wich has a mkt cap of 250mil and aim had close to 100mil, thinking that CBH has a lot more up than Aim caus its producing already has a 300mil endeavor plant plus loads of other upside and aim hasnt even put a dunny on site yet. so hence sold aim bought CBH very hot on zinc an Uranusium, regards beach
 
beach said:
gday barny
you shoudnt try goin out in those 30 feet phycotic cyclone swells you get up dare on the mid north coast. regards beach

30 FEET! I would never go out on those "small" days. I always waited till it was pumpin'. (Hows that for B ull Sh**) Actually used to love the 3.5-4 foot sucky barrells Great fun but still not too hard to paddle back out.
Anyway I am off topic ......so re AIM......good luck to those holding.......
 
gday all
THIS WAS POSTED on another forum by me on my thoughts of managment

I really tried to hang on to this stock but just couldnt, was tied of seeing other stocks going up and this going down, i blame Flores and his crew. how do you get away with saying that the uptake and finance will be sorted by the end of june,, its now flippen september, a week or 2 away they reckon, well that might well be but why keep us share holders hanging on like a peice of meat waiting to get fed the news we want to hear so we can remain interested in the feken company,. also they reckon theyve come up with some u bute way of getting the gear out the ground thats going to save them time and money, min 6 months max 12month off of original time. so when my wifes babys due date is up and i tell all my friends that it should be out now but it could be another 6 months they would think iam a complete banana. dont get me wrong i like what theyve got in the ground but it sounds like these blokes dont no there R S from there elbow. two me there probably getting around in Perkoa Faso (the country the zinc is) with a pair of thongs, stubbies and a flanny. looking at each other and saying now where the hell is that zinc mine we staggered across that day i was taking a leak before that black fella went nuts and scared the living crappers out of me. once again dont get me wrong i love this stock and it potential just have to question the crew thats stearing the ship, also i watched the market depths yesterday right up till 10am and boy was there a lot of messin going on, the day traders love this one so if your going to get involved go long, and avoid all the conjestion unless your a pro. i will get back on this because a bit of me does believe that managment can deliver the goods, they just might have to slip on a pair of rossys, king gees and a long sleeve yakka shirt. regards beach
 
AIM'S been consolidating with some forward movement for about a week now.
Early signs of some volume and price depth thinning after the last week, this morning!.
Will face some resistance at 15-16 cents, but if it gets through it could be a new settling point of the SP, until it moves closer to mining.
 
Freeballinginawetsuit said:
Bolted, last chance to get on cheap was probably yesterday. Hope some other punters are on it.

15c or 12c or 20c will all be irrelevant in 12 months time.
They will all be considered "cheap"
 
Most of the Zinc and Nickle ones are fair value at the moment IMHO. Gains have been considerable in their SP and EPS is factored in now at current commodity spot prices. I think AIM is underpriced with considerable upside in its SP and fundamental non speck potential growth at Perkoa.

AIM was a break buy at open with volume confirmation and with a play in Zinc in the near future, a decent fundamental backing as well.

I'd classify todays trading in AIM as a break, in fact 17c was long term POR according to the charts and it gapped past this on open.
 
Looks pretty good. Good volume recently. That break through $0.165 was pretty strong. Well done.
 
kennas said:
Looks pretty good. Good volume recently. That break through $0.165 was pretty strong. Well done.

All time high close
THis one could be special the next 12 months
 
hi beach (and all)

so what are the fundamentals on this company like? How much is their resource in the ground estimated to be worth?

cya
 
those who are getting off ....please install blind fold now
and your day will end as good as it started
 
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