Aex Gold Share Discussion Threads

[onedayrodders] 22/8/2020 11:22

Is not their concern

[onedayrodders] 22/8/2020 11:21

Whether a 'stock'

[onedayrodders] 22/8/2020 11:21

That BS from your broker .. whether a stick is risky or not is nominee of their concern... they just don't want to spend the resources anymore adding overseas stocks.Basically Cutbacks in their service dressed up as "looking after you"

[shieldbug] 21/8/2020 17:49

Apparently - ’Nalunaq’; is the Greenlandic name of Greenland’s first gold mine and means ‘the place that is hard to find’.

Useful background info on the mine in the form of an environmental report from 2014 - hXXps://dce2.au.dk/pub/SR97.pdf

[loganair] 17/8/2020 18:02

I would really like to buy a few AEX Gold, unfortunately my broker has turned down my request to have AEXG - AIM put on their trading platform, even though they have the companies Toronto listing tradable as their risk assessment team say they already have too many small risky miners on their trading platform even though I put forward the case that I believe AEX Gold is one of the less riskier junior miners out there.

This has left me the only way to buy in, is to invest via AEX Gold on the TX Ventures Exchange.

[1sjh] 15/8/2020 12:31

Buffett buying gold?!...
Could be this listing has come at the right time, inflationary economics at the end of 2021 is a high possibility with government policies which is when we should be producing. Good news on the Northern explority work in-between. Could be a good one to sit on this.

[hiddendepths] 05/8/2020 12:11

Got a favourable mention in MoneyMorning today and on MoneyWeek website.

Bought a few. I think it could start to get a bit of a following as the AIM gold stocks play catch-up.

[kickingking] 03/8/2020 19:11

I will keep this on my watch list. First pour not expected for 18 months, so see no need to rush into at the moment. If price drops into the low 30p will take first position. GLA

[1sjh] 03/8/2020 18:33

Yes good management on board here hopefully they make good where past companies did not. Have a slightly larger holding in this than I imagined I would take but ticks a lot of boxes with current sentiment around small miners and gold. Hopefully the exploration of the hills to the north of the existing mine will be positive, may end up holding this for a while.

[gtaval1] 03/8/2020 10:38

I see that Graham Stewart is Chairman, he if Faroe Petroleum fame. Nice presentation on their website to look through.

[loganair] 31/7/2020 21:32

AEX placed 94m shares at a price of 45p each, giving it a market capitalisation of £79.7m.

The firm said it would use the funds to begin the development of its Nalunaq mine in Greenland’s southern gold belt.

The mine, which used to produce gold in the past, is the cornerstone of AEX’s plans in the country, where it owns seven licences covering an area of 3,356 km squared.


Most major infrastructure already in place from previous mine owner, including road down to pier where the sea is ice free all year round.

Mine is also close to international airport.


Low capex to get mine back into production.

AEX Gold has a clear pathway to near term production and cash flow.

!8 months to first gold.

22 months to commercial production of gold.