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Aim Exploration Inc. (AEXE)

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Last Post: 3/16/2017 5:45:05 AM - Followers: 44 - Board type: Free - Posts Today: 0

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Welcome to   AEXE
 

Aim Exploration Inc. (AEXE) is a Henderson, Nevada headquartered company. Aim operates as a mining company focusing towards Anthracite production in Peru and worldwide marketing through a joint venture corporation with Prina Energy of India. The joint venture marketing arm is currently in the process of being formed and is intended to have the head office in Dubai, UEA.

The Anthracite Coal concessions are owned and/or controlled through their wholly owned subsidiary Aim Exploration SA. in Peru. AIM considers the mining concessions in Peru to be a high grade Anthracite Coal property in the Alto Chicama basin, in the province of Otuzco in Peru. Aim SA acquired these rights by purchasing these assets from Percana Mining Corp (Percana SA), a Peruvian corporation.

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Did You Know?

 Coal is the world's largest source of energy for the production of electricity.

 1 billion tons of coal used in global industrial steel production each year.

 There are zero alternatives to coal in the industrial steel-making process.

 
Peru Project Site Details
Lajon is located in Huaranchal, which is one of ten districts in the province of Otuzco. It is about a two-hour drive from Trujillo (the second largest city in Peru), and an equal distance to the city of Otuzco. It is also strategically located 200km from Salaverry, which features a port that can service ships with capacities of up to 35,000 tons. The Port of Salaverry provides direct access to the Pacific Ocean.
 

INFRASTRUCTURE

  A river adjacent to the property provides access to water for mining operations. However, most of the coal on the property may be extracted with minimal or no coal washing.
 
Power lines cut through the property, although Aim is yet to ascertain the capacity of these lines. The company expects to use diesel powered equipment for most of its mining activities.
 
The first half of the road from the property to Otuzco is along steep mountainsides and can support 25-ton trucks. The next half of the road to Otuzco is better maintained and can also support 25-ton trucks. The road from Otuzco to the Port of Salaverry is well constructed, paved, and has bridges that can support up to 50-ton loads. This will facilitate smooth hauling of coal to the port

 


The assets encompass 1,000 hectares of mining concession property consisting of three sites of 600, 200 and 200 hectares respectively. Percana SA initially acquired these properties based on indications of the presence of high grade anthracite coal. Illegal artisan miners are currently operating multiple one-entry mines on the property, which further indicates the presence and mine-ability of these deposits. To verify the geology and quality of the coal, Percana SA commissioned local geologists to compile a technical report on the 1,000 hectares. Although the report yielded optimistic estimates of resources, reserves and economics, it does not meet public reporting standards.

 
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Anthracite coal is a highly desirable resource with a variety of uses. It is primarily used in the manufacturing of steel, the production of cement, and the generation of electricity. 70% of the steel produced globally relies on coal (World Coal Association, 2013); 200kg of coal is required to produce one ton of cement (Van Oss, 2012); and 41% of global electricity production relies on coal (Clemente, 2012). Anthracite is the highest ranking coal because it is older and harder, contains more carbon, has lower moisture content, and burns hotter than any other type of coal. Comprising only 1% of global reserves, anthracite is also the cleanest burning fossil fuel on the planet (Cornerstone, 2013).

Once the joint venture with Prina Energy Aim intends to sell its output to international customers through the joint venture corporation concentrating the marketing efforts in India.

The unavailability of Anthracite Coal in India creates a huge potential for coal as a fuel for Indian Steel industry, which is growing on progressive and steady pace. Huge scope for growth is offered by India’s comparatively low per capita steel consumption and the expected rise in consumption due to increased infrastructure construction and the thriving automobile and railways sectors.


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$AEXE on Twitter--> @AEXEQB
 
 
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AEXE
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AEXE News: Quarterly Report (10-q) 03/06/2017 04:42:47 PM
AEXE News: Current Report Filing (8-k) 01/17/2017 03:07:16 PM
AEXE News: Notification That Quarterly Report Will Be Submitted Late (nt 10-q) 01/17/2017 03:06:49 PM
AEXE News: AIM Exploration Completes Comprehensive Report on Its Ability to Ship Coal Year-Round via the Port of Salaverry, Estimates It... 12/19/2016 12:00:00 PM
AEXE News: Annual Report (10-k) 12/15/2016 05:18:29 PM
PostSubject
#2727  Sticky Note @AEXEQB ----> COMPANY TWITTER resx18 12/29/16 01:08:51 AM
#2810   10Q Filed. Twitter link --> https://twitter.com/AEXEQB/status/8396806699197972 Kingsolomonspoolz 03/16/17 05:45:05 AM
#2809   Quiet but optimistic. It's still called Aim exploration. sunnyskies604 03/14/17 11:04:28 AM
#2808   Old news but significant, no? Jan 17 2017 sunnyskies604 03/13/17 03:25:49 PM
#2807   $0.0066 on 390k. Market makers not manipulating during sunnyskies604 03/13/17 03:24:38 PM
#2806   The Caveat Emptor will be going away. Back sunnyskies604 03/12/17 09:42:37 PM
#2805   Ha, I know.. and you obviously have some Nysilverfox 03/10/17 10:11:09 AM
#2803   My last comment was just making a joke nyt 03/10/17 06:17:14 AM
#2802   Its like a toy ship....in a bathtub :) tc3cars 03/08/17 12:41:09 PM
#2801   However, I do hear what you're saying.. Nysilverfox 03/08/17 11:05:42 AM
#2800   Down with the ship? Haha...better roll up your nyt 03/08/17 10:33:55 AM
#2799   You're taking my comment a bit far.. forgive Nysilverfox 03/08/17 10:33:47 AM
#2798   Just looked at 2 mos chart. Worse than nyt 03/08/17 10:29:09 AM
#2797   I'm going to hold.. long term for me.. Nysilverfox 03/08/17 10:16:32 AM
#2796   What is Everyone's Play??? They are still tc3cars 03/08/17 10:08:25 AM
#2795   Ha, yea.. fair enough.. That was a failed Nysilverfox 03/08/17 12:49:25 AM
#2794   ...down a little bit...? It's down more than nyt 03/08/17 12:47:35 AM
#2793   It's down a bit.. but the pattern is Nysilverfox 03/07/17 11:38:18 AM
#2792   Not a good sign but I don't see nyt 03/06/17 07:38:41 PM
#2791   its official company is done, call them for mightymk 03/06/17 04:45:19 PM
#2790   I bought in today. Good loading zone fersure woodyy1118 02/24/17 05:36:31 PM
#2789   After like twenty Promos? Axel 02/24/17 04:03:53 PM
#2788   Looks like .01 is the place to accumulate $AEXE stockman69 02/24/17 09:50:23 AM
#2787   Loading zone for sure $AEXE resx18 02/21/17 08:16:51 PM
#2786   Nice volume today $AEXE resx18 02/21/17 08:15:24 PM
#2785   .01's getting loaded up stockman69 02/21/17 04:21:42 PM
#2783   Looking good AEXE desandan 02/21/17 03:28:55 PM
#2782   $AEXE nice bids .0106s mfayman 02/21/17 02:59:50 PM
#2781   400k huge buy! .0108 seems to be support. BFTR 02/21/17 02:42:53 PM
#2780   Volume is key here. Imo. BFTR 02/21/17 02:38:11 PM
#2779   I like the this area. Looks good. BFTR 02/21/17 02:37:20 PM
#2778   AEXE Some big bids building here!!! massivegains10 02/21/17 01:57:11 PM
#2777   AEXE holding well above 0.01 area! GO AEXE! massivegains10 02/21/17 01:55:40 PM
#2776   AEXE huge volume today!! massivegains10 02/21/17 01:54:24 PM
#2775   Do not invest in this scam, there is mightymk 02/18/17 07:36:58 AM
#2774   That was from Feb 11 2016 not 2017 george7465 02/16/17 11:14:31 AM
#2773   So what? What difference does all that mean nyt 02/16/17 05:50:51 AM
#2772   $AEXE News Releases AIM Exploration Announces Potential Acquisition of Silica Tim Stock-er 02/13/17 05:47:24 AM
#2771   Based on the indicators, most of them are Tim Stock-er 02/01/17 10:09:55 PM
#2770   Seems to me they must be loading barges today? retired1943 02/01/17 11:38:44 AM
#2769   LOL, I might grab some at that price ammobox 02/01/17 11:27:19 AM
#2768   If it hits .002 I'll load up again. Tim Stock-er 02/01/17 11:23:33 AM
#2767   Might be a buy back in the .002 ammobox 02/01/17 10:59:59 AM
#2766   Reply: It's a good thing I didn't invest either. Maker13 02/01/17 10:39:42 AM
#2765   The sea is "RED" AEXE ammobox 02/01/17 10:26:21 AM
#2764   I love watching these pumps, I made myself ammobox 01/30/17 03:28:00 PM
#2763   Cant believe anyone would buy these junk stocks, mightymk 01/30/17 03:12:55 PM
#2762   Reply: Yeah....I'm inclined to agree with you Ammobox. Maker13 01/30/17 02:23:37 PM
#2761   Doesn't look like that pump worked to well ammobox 01/30/17 01:44:54 PM
#2760   Thanks ammobox. Maker13 01/30/17 09:57:18 AM
#2759   Daily Stock Alert DSR is also promo'n it ammobox 01/30/17 09:33:13 AM
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