From the latest company's drilling update....17 Feb

http://moneyam.uk-wire.com/cgi-bin/articles/200402170700084897V.html

Can anyone with mining knowledge explain these terms....

What does sidetracking mean? Approx how ong will that take?
Approx. how long will it take to correct a deviated section?
Is 'crude oil in shale samples' a good indication that there is oil?
Is 'Gas-bearing porous sands being logged' a good indication that there is gas?
Basically what does logging involve ?

Any views re AEX potential??

Regards
Stephen

Squidd, my thoughts entirely. Do you mean CSB?

Hi all,
After taking some profit last week, by the way which was a mistake, I have been buying nearly everyday. It's a shame I could not buy a big chunk last week or even yesterday, but this was to do with availability of funds. Just topped up again. I am sure AEX will be recommended by tipsters and there is bound to be some comments on the weekend newspapers.

Let's hope you're right kaysmart, particularly with NK talks resuming on the 9th.

GH: Yes, Crosby Capital; look at the chart on the thread, newly updated by Goldfinger.

Despite the potential risk here, decided earlier to take a third tranche. Anyone get the feeling there's something brewing this afternoon?

No idea mate-Just wish I had the guts to jump aboard following the recent rise-but I dont!

Bugz, know what you mean but there appears to be serious momentum behind this stock now and the press haven't got hold of it yet!

Hi Greyhound,

I had the same feeling thats why I have been buying all this week. Unfortunately I have no funds available to buy more today. I managed to buy some yesterday. I have a feeling we will be crossing the 30p mark soon. It could be that AEX will be recommended by tipsters over the weekend or some very positive RNS coming out soon. Lots of buying. L2 showing all arrows blue currently 4 MMs have buy orders @ 27.5 and 1 MM have sell order @28 one more @ 28.25 and the rest @ 28.50 it has been changing as I am writing. I am now convinced there is something up.

L2 Has changed again its 28.25/29
Bugz I am sorry to see you are still out in the cold. I know it is difficult to time it correctly but with this one I think you need to follow the crowed. I had the same problem after selling last week, did not know what to do but as you remember I got back in quickly and I am so glad I did. Time will tell weather I made the right decision. As it stands now I am making a hefty profit

kaysmart - u dun well me boy - good call

Baza

Just spoken to a couple brokers and they inform me no "known news" but price really getting squeezed, buyers outweighing sellers, 2:1

Party pooper !!!!!

;o)

First buy at 30 just gone through. Does anyone know if Edison's or anyone else for that matter have put out a new note yet? I seem to remember talk a while ago on this thread that Edison's would soon be writing a new one.

Coming back a bit now - I wonder what sparked this then - talks starting on Monday ??

Back up again 29/30 on L2.
I think MMs are short of stock, so they tried to find some profit takers. It looks like something is up, as no one seems to know why suddenly SP has moved up 4.25p today.

Tomorrow is Small Company Share Watch newsletter - maybe it's their lead?? You never know!

I just had a quick look at the Aminex thread at TMF, apparently one of the fool has left a good thread. He had an interesting chat with some people he knew in the market.

He writes they have said that the news they are getting is that the Chinese and DRPK are due to make some sort of announcement over the weekend. Now, they thought this may relate to AEX; however, IMO, it is more likely some form of announcement ahead of the talks next week. If so, what coudl that be? Wild speculation time but coudl the Chinese be willing to build the reactor that DPRK wants in return for the DPRK disarming/ending their nuclear program and opening up to inspection?

This could explain todays heavy purchases.
Now if this wild speculation happens to be true, boy are we in for a ride!!!!

Thanks kaysmart.

I had wondered...........never saw that coming so didn't bother to top up unfortunately. Just kept moving up my sl's during the course of the day........at one point I was doing this every few minutes!

If there's any truth in that speculation then we should find out maybe as soon as next week (wednesday onwards). Then I will be topping up!

Very interesting kaysmart - that must have been a late development on TMF as hadn't seen it up until closing. Just continuing the SPECULATION, what if China offer to build the reactor in China but supplying power for NKorea. It's a long border and would keep the nuclear element out of the volatile hands of the North Koreans, whilst aleviating the energy problem. As I say, just a wild thought only.

Bill Richarson talking on bloomberg last night very positive about North Korea generally.Thinks that they will look towards USA sooner than later.