AIM - AIM Resources

[SevenFX]

I only just got out 2, as sideways for 2 long and 2 much resistance ahead atm and sellers mounting up.

Took a earlier slice, and went back for seconds with no success....hindsight says it all

EDIT: At least it didn't fall through roof, but guess day is still young.

 

[mas888moe]

Hi everyone,

I am new to the sharemarket and options so could someone please explain to me how the AIMO options work? Do you receive the option to buy full ordinary AIM shares for only 10cents after buying these? If so, when do you have to pay by? Any other info on this would be a great help!

Thank you

 

[Doctor Dave]

These are the options that will let you buy shares at 10c. The options expire, 6/09. So they are 3 years away.

Has anyone heard the rumour about large uranium find in other post? Is this the reason for the sudden price rise?

 

[blueroo]

I'm out as well. Tightened trailing stop right up to 32c after it hit 34.5c and sure enough...stopped out.

If this drops tomorrow I'll have a grin on me like a faggot in a submarine!

 

[clowboy]

Has anyone heard the rumour about large uranium find in other post? Is this the reason for the sudden price rise?

Well if that where true I'd think we may see a bit more of a rocket when it is announced. Would the ASX allow this though???

 

[Doctor Dave]

This is the post
http://news.independent.co.uk/business/analysis_and_features/article1984465.ece

 

[clowboy]

Like most rumours I doubt that it has any real basis but I sure hope that it does

 

[Raging Bull]

According to Yahoo Finance the last insider transactions where in June 06.

If they had a significand find would their own directors not have been buying in over the last month or two?

cheers
RB

 

[giss]

According to Yahoo Finance the last insider transactions where in June 06.

If they had a significand find would their own directors not have been buying in over the last month or two?

cheers
RB

the directors would have to know that they are being watched for this sort of thing though.

There seems to be alot more depth to the market!

I'm going to take a punt & jump in!

 

[Gurgler]

IS THIS ANN RELEVANT:

"PERKOA Zinc OFF-TAKE AGREEMENTS

AIM Resources is pleased to announce that Letters of Intent have been signed
with three parties for the off-take of zinc concentrates from the Perkoa Zinc
Project.

Perkoa's high-grade, clean concentrates are eagerly sought after and will
provide a very attractive feed for zinc smelters.

Given the location of Perkoa in Burkina Faso, the following companies have been
selected as off-take partners:

•Xstrata Zinc for its smelters in Spain and Germany;

•Votarantim Metais for its smelters in Brazil and Peru; and

•Louis Dreyfus Commodities Metals Suisse SA with extensive commodities
trading and logistics expertise, particularly in West Africa.

These three off-take partners will provide Perkoa with a secure, long-term
market, attractive sales terms and flexibility in concentrate sales. The
geographic proximity of Perkoa to the chosen markets will provide commercial
benefits to AIM Resources as well as these partners."


SOURCE LSE AT http://www.londonstockexchange.com/en-gb/pricesnews/marketnews/marketnews.htm?bsg=true&ns=AIMR

 

[nizar]

IS THIS ANN RELEVANT:

"PERKOA Zinc OFF-TAKE AGREEMENTS

AIM Resources is pleased to announce that Letters of Intent have been signed
with three parties for the off-take of zinc concentrates from the Perkoa Zinc
Project.

Perkoa's high-grade, clean concentrates are eagerly sought after and will
provide a very attractive feed for zinc smelters.

Given the location of Perkoa in Burkina Faso, the following companies have been
selected as off-take partners:

•Xstrata Zinc for its smelters in Spain and Germany;

•Votarantim Metais for its smelters in Brazil and Peru; and

•Louis Dreyfus Commodities Metals Suisse SA with extensive commodities
trading and logistics expertise, particularly in West Africa.

These three off-take partners will provide Perkoa with a secure, long-term
market, attractive sales terms and flexibility in concentrate sales. The
geographic proximity of Perkoa to the chosen markets will provide commercial
benefits to AIM Resources as well as these partners."


SOURCE LSE AT http://www.londonstockexchange.com/en-gb/pricesnews/marketnews/marketnews.htm?bsg=true&ns=AIMR

Yeh its pretty relevant but it was released to asx about 2 months ago!

 

[tech/a]

There seems to be alot more depth to the market!

I'm going to take a punt & jump in!

Well thats what it is at the moment. Consolidation around 30-34c.

This is a 30 min chart.

Sustained trading over 35 for me is a buy.
Anything under 30c and its not being supported.

 

[SevenFX]

Big parcel of 500k at .30 came in, but got gobbled (technical term) quickly... support lookin shakey.

 

[constable]

i hope no ones supersticious!

 

[tech/a]

Its foobarred in the near term this move is over.

Sellers in control.

 

[SevenFX]

Sellers in control.

They're out of control IMO, and I can't make any money.

The longer it's at the lower end of the range the more sellers build up resistance to overcome.

Bugger.

 

[SevenFX]

OK, so not looking at the numbers today why I can't make money on AIM, is for the 3 reasons below.....

In order of Drilling Down:

1. XJO AND XSO are both headed SOUTH.
2. AIM has gone up considerably in the last 2 days, hence price reaction to all the price action.
3. Both the above.

Always happy to get feedback any whether you have different opinion, as only new here....

Tks
SevenFX

 

[specman]

Like all stocks that have shot up quickly,there are numerous investors sitting on huge profits just waiting with their finger on the sell trigger desperate to lock in gains if sellers take command.

Thats all things being equal but who knows,their Mumbwa project may turn out to be the next Olympic dam on their next announcement,I guess it's these rumours that have sent the stock to these levels in the first place.

 

[nizar]

OK, so not looking at the numbers today why I can't make money on AIM, is for the 3 reasons below.....

In order of Drilling Down:

1. XJO AND XSO are both headed SOUTH.
2. AIM has gone up considerably in the last 2 days, hence price reaction to all the price action.
3. Both the above.

Always happy to get feedback any whether you have different opinion, as only new here....

Tks
SevenFX

SevenFX, this was never going to go up forever. Just think about it.

 

[SevenFX]

SevenFX, this was never going to go up forever. Just think about it.

Sure agreed, but thier's quiet a few shares down today, and "forever" can mean differnt timeframe for different shares... pmh, gdn, adi, eve, apg, etc...

Nizar are you saying this run has completed for AIM, and todays fall is not mostly to a pullback, and today market sentiment in general...????

Intested to hear more from you, on where this is going...

Thanks
SevenFX