Buy Aim Exploration

In: Tips

11 Nov 2014

Hi Everybody,

Our alert for Tuesday is a junior mining company that produces feldspar, which is is used to manufacture glass products, ceramics, paint, in mild abrasives, urethane, latex foam, as welding rod coatings, other end products and anthracite coal which is used in the manufacturing of steel, cement, and the generation of electricity.

Our alert for Tuesday is:
Aim Exploration, Inc.
Ticker symbol: AEXE
Last price: $0.47

AEXE is a junior mining company with a current focus on feldspar in the Philippines and anthracite coal in Peru.

AEXE is about to go from the exploration and development phase to the production phase and that is typically a very exciting time for a junior mining company.

Take a look at the numbers that caught our attention. We think the market is going to find them very exciting as well.

Here’s the projections from their anthracite coal project in Peru:

• First 18 months of operations;
o AEXE expects to produce coal for $51 dollars a ton and sell domestically for $80. That is a 38% profit margin.

• 19 months going forward;
o Production costs are expected to drop to $34 as additional mining operations come on line which increase margins to 60%.

Typical coal companies operate at closer to 20% margins so all of a sudden these numbers become pretty attractive.

In addition to the coal operations, their feldspar project is now in production as well and we expect to see some strong numbers.

AEXE is now planning to expand the production facility to accommodate production for large-scale glass manufacturers as well as traditional ceramic manufacturers which is expected to be completed by the first half of 2015.

Now feldspar and anthracite coal may not be the most exciting minerals but if AEXE starts putting up numbers like they project, this stock is going to heat up in a hurry. Make sure you take a look and get ready to book your profits with AEXE.

Free Stock TipsAs always, do your own research, don’t chase gaps, use limit orders to enter positions, always use stop loss orders to protect your position, and take profits when you are in a position to do so.

Good Trading

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