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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Aex Gold Inc. | AEXG | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 40.50 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 40.50 | 40.50 |
| Top Posts |
|---|
Posted at 09/5/2022 07:36 by undertaker more good news (advfn news seems to be screwed this am!)... |
Posted at 13/1/2022 08:54 by kenwrong CEO interview with Slides here: hxxps://youtu.be/K9rCopied from website Greenland – Right Opportunity, Right Time? Alan Green talks to AEX Gold #AEXG CEO Eldur Olafsson. This AIM and TSX-V listed company’s principal asset is its 100% interest owned Nalunaq Project, an advanced exploration stage property with an exploitation license that includes the previously operating Nalunaq gold mine. The district scale portfolio of gold assets covers over 4,090km2, making it the largest portfolio of gold assets in Southern Greenland covering the two known gold belts in the region. |
Posted at 10/2/2021 09:16 by golddigger1010 Actually, I'm quite happy with the statement today. The company has a 33m cash balance of a 54m market cap. As each country increases the boarder security it seems a very prudent decision to make. I doubt that many investors bought this one on cash flow models so delays are almost irrelevant. The company has massive exploration potential which it will go for this year instead, resources will be increased, uncertainty decreased. I think a lot of mining companies will have issues this year with increasing costs and many will be to deep in the mud to back out like AEXG did right now. This is a buy and hold, will definitely comeback this year. Seems like a very prudent decision! |
Posted at 02/2/2021 09:57 by someuwin Many peeps are missing the story here. Some think AEXG is expensive because it has yet to complete a DFS (or a FS or a PFS). Ordinarily, exploration companies will need to go through these expensive and time consuming studies to make the investment case in order to raise the funds to build the mines.AEXG don't need to do all this. they are re-opening an existing mine and have raised all the cash they need to get to first gold production by the end of this calendar year. This will add to their reserves as they continue to explore and develop their many other target rich exploration areas in Greenland. If all goes to plan AEXG could quickly grow to be a very high value mining operation. |
Posted at 19/1/2021 09:19 by someuwin Missed this news yesterday...18 January 2021 ("AEX" or the "Corporation") AEX Provides an Update on the Procurement Plan for Nalunaq TORONTO, ONTARIO - January 18, 2021 - AEX Gold Inc. ("the Corporation") (AIM: AEXG; TSXV: AEX), an independent gold company with a portfolio of gold licences in Greenland, announces an operational update on the development of the Nalunaq property in South Greenland. The Corporation remains on target and continues to make significant progress on the development of the Nalunaq Project, with the award of key procurement packages. Highlights -- AEX has selected its contractor for the underground development as part of the exploration program at Nalunaq. AEX and the contractor will form an integrated project team and are currently finalizing the contractual terms which will lead to their mobilization at Nalunaq in H2 2021. -- Major equipment to support the underground development program has been procured, notably including jumbos, an underground haul truck, Load Haul Dump loaders, and other underground service mobile equipment. Mine underground services, such as for ventilation, dewatering, compressed air and power distribution are in the tendering process and will be procured during H1 2021. -- Long lead process equipment packages, including the crushing, grinding, gravity and tailings thickening circuits, were awarded in December and early January, and the balance of equipment will be procured during H1 2021, including the gold room equipment, power generators and pumping systems. Equipment performance and specifications will be key in finalizing the project's assessments and permits. -- All surface support equipment required to support the exploration program, such as the 100 tonnes rough-terrain crane, fuel and water trucks, tractors and trailers, and others have been procured. -- With procurement activities progressing according to plan, AEX will continue de-risking project execution and expects development of the asset to commence in line with previously announced timelines. The Corporation will, in the next few weeks, be providing further project development updates at Nalunaq, further exploration results from the 2020 exploration season, as well as the upcoming exploration plan for 2021 in South Greenland. Eldur Olafsson, CEO of AEX, commented: "AEX continues to progress the Nalunaq project according to plan, with development remaining on target. Many of the project's long lead items have been awarded and the procurement plan is being followed as anticipated. By locking down the key long lead items, supported by our engineering efforts, we have been able to continue de-risking the project's schedule. We remain committed to, and confident about, the development of Nalunaq and appreciate the strong support we are receiving from the project's various stakeholders, especially those in Greenland." |
Posted at 12/10/2020 11:06 by pogue cheers Goodgrief that ties in with comments on the ANGM thread but they went into the downturn carrying too much debt I believe from building the mine. I will see if I can find the earlier youtube presentations from AEXG, it all seems to rosey here I am worried lol. |
Posted at 12/10/2020 10:11 by goodgrief In some of the earlier Youtube presentations by AEXG I've seen, the issue of why the earlier mine companies are explained. The point I took away was they were undone by the lack of finance during the downturn. |
Posted at 11/9/2020 12:57 by someuwin AEX Gold Inc. @AexGold 6m#AEX can now be traded on the @HLInvest platform! You can find us under the ticker #AEXG. #Gold #Greenland |
Posted at 26/8/2020 14:54 by loganair On my brokers trading platform I can by AEX Gold's Toronto listing. Their transaction fees are €2 per trade which is OK and 1 Canadian cent per share and as AEX Gold is a lowly priced share, I would be buying rather a lot of them which adds up to a lot of Canadian dollars.If I was able to buy AEXG on Aim then the total fee for my purchase would be no more then £6 as on the UK exchange my broker charges for the value of the buy or sell rather than per number of shares as they charge when buying/selling Canadian listed stocks. |
Posted at 26/8/2020 08:26 by copandrobber Hi Logan, are you with HL? Apparently they can't put AEXG on their platform due to Covid????but are sorting it by mid Sept. |
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