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Aim Exploration Inc. (AEXE)

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Last Post: 9/17/2018 3:51:59 PM - Followers: 84 - 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 News: Amended Quarterly Report (10-q/a) 08/28/2018 05:08:06 PM
AEXE News: Quarterly Report (10-q) 08/14/2018 06:19:18 AM
AEXE News: Notification That Quarterly Report Will Be Submitted Late (nt 10-q) 07/18/2018 11:40:24 AM
AEXE News: Current Report Filing (8-k) 07/18/2018 10:30:11 AM
AEXE News: Quarterly Report (10-q) 05/30/2018 06:10:10 AM
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#4927   Has anyone reported this company? Clutch29 09/17/18 03:51:58 PM
#4926   would be a great play with only 1.5b PENNYMACHINE 09/14/18 02:35:02 PM
#4925   Interesting PENNYMACHINE... georgie18 09/14/18 02:34:23 PM
#4924   AEXE posted back in Feb they weren’t approved PENNYMACHINE 09/14/18 02:22:10 PM
#4923   Capital one is tryin to force me to Clutch29 09/13/18 02:34:29 PM
#4922   I kno this turd is what it is Clutch29 08/30/18 01:20:25 PM
#4921   Only 1.5B A.S. just confirmed on NVSOS https://www.nvsilverflume.gov/businessSea PENNYMACHINE 08/29/18 11:57:45 AM
#4920   My shares would cost more to trade than Clutch29 08/28/18 02:04:53 PM
#4919   Pulling all the tricks... 0.00015 MrLucky 08/28/18 11:00:22 AM
#4918   Of course, now I hope they use their MrLucky 08/24/18 08:00:43 AM
#4917   Yes, they have to resort to being scumbags MrLucky 08/24/18 07:37:02 AM
#4916   Maybe so, but they dont seem to me nyt 08/24/18 01:24:10 AM
#4915   So you dont think the insiders are getting nyt 08/24/18 01:17:46 AM
#4914   What I meant was they were able to nyt 08/24/18 01:15:20 AM
#4913   Coal is going for about $125/ton... MrLucky 08/23/18 08:10:43 AM
#4912   Just because they are scumbags that can take MrLucky 08/23/18 07:59:25 AM
#4911   How much revenue did they report in their MrLucky 08/23/18 07:52:57 AM
#4910   Were they stupid to get your (and others) nyt 08/23/18 02:59:44 AM
#4909   Sure they can....they got your dollars didn't they? nyt 08/23/18 02:56:53 AM
#4908   Hey, AEXE management idiots. If you are MrLucky 08/22/18 01:42:07 PM
#4907   What good did it do to move to MrLucky 08/22/18 01:39:18 PM
#4906   Best time in decades to be in the MrLucky 08/21/18 02:49:39 PM
#4905   I think the ship is already down. MrLucky 08/21/18 01:21:07 PM
#4904   I have lost all hope... going down with tc3cars 08/21/18 01:13:50 PM
#4903   I guess when it gets to .0001 they MrLucky 08/21/18 12:54:50 PM
#4902   Hell no, it just means they'll only be MrLucky 08/17/18 04:05:07 PM
#4901   Does bi annual reporting mean AIM will get Clutch29 08/17/18 03:36:37 PM
#4900   177,000 shares bought in cash today. ??? Clutch29 08/15/18 11:23:50 PM
#4899   Where is everyone at? Whats up with all Clutch29 08/14/18 04:41:25 PM
#4898   Highly confused today. All this buying and the Clutch29 08/14/18 12:45:00 PM
#4897   Fidelity says zero now. They got all our Clutch29 08/14/18 11:49:54 AM
#4896   I can see why they were late filing MrLucky 08/14/18 11:05:34 AM
#4895   No revenue. AEXE officially still sucks. MrLucky 08/14/18 07:28:25 AM
#4894   Earnings by this time next week. Maybe I'll Clutch29 08/08/18 03:43:49 PM
#4893   Guess not nyt 08/04/18 02:35:46 AM
#4892   Could you expand on this just a little. nyt 08/01/18 04:06:17 PM
#4891   AEXE would have gone with cheap tweezers. MrLucky 08/01/18 03:47:14 PM
#4890   Be careful buyers.....AS increased to unlimited to dump KPaul 08/01/18 02:40:10 PM
#4889   Why would you need balls to get on nyt 08/01/18 02:31:47 PM
#4888   And all they would've needed was some zircon nyt 08/01/18 02:24:22 PM
#4887   I could have been a millionaire already if Clutch29 08/01/18 12:51:30 PM
#4886   Frank can tell you about Montana... MrLucky 08/01/18 12:34:30 PM
#4885   What are you sayin man. The very few Clutch29 08/01/18 11:54:23 AM
#4884   If AEXE had moved to Montana, they could MrLucky 08/01/18 08:30:31 AM
#4883   It aint Wyomin yall Clutch29 07/26/18 05:06:49 PM
#4882   I wonder though if this could work backwards Clutch29 07/26/18 03:50:52 PM
#4881   I don’t want to dream with this unlimited KPaul 07/26/18 12:35:38 PM
#4880   I think it will come right after the Forever_t_2000 07/26/18 10:07:01 AM
#4879   With unlimited authorized shares, I don’t expect any KPaul 07/26/18 12:44:31 AM
#4878   Over 12 million on the 20th traded and Clutch29 07/25/18 04:57:44 PM
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