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Aim Exploration Inc. (AEXE)

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Last Post: 1/18/2018 6:20:32 AM - Followers: 66 - Board type: Free - Posts Today: 11

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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: Notification That Quarterly Report Will Be Submitted Late (nt 10-q) 01/16/2018 01:34:16 PM
AEXE News: Statement of Ownership (sc 13g) 12/29/2017 06:13:25 AM
AEXE News: Securities Registration Statement (s-1) 12/11/2017 04:53:08 PM
AEXE News: Amended Annual Report (10-k/a) 12/11/2017 01:35:44 PM
AEXE News: Annual Report (10-k) 12/06/2017 11:16:03 AM
PostSubject
#3434   Tweet from last night: TheBigMozey 01/18/18 06:20:32 AM
#3433   $AEXE trading nice and thin at these levels Honeybooboo 01/18/18 05:40:19 AM
#3432   Volume looks really good here! Could see a Honeybooboo 01/18/18 05:39:39 AM
#3431   $aexe...like what I see here..looks to continue higher chris20 01/18/18 05:33:06 AM
#3430   $AEXE Another good volume day could see a stealofadeal 01/18/18 01:33:13 AM
#3429   Should test 004's tomorrow IMO KUMO TWIST 01/18/18 01:28:15 AM
#3428   Anytime my Friend $Pistol Pete$ 01/18/18 01:07:48 AM
#3427   $AEXE This chart looks fantastic and I'm glad stealofadeal 01/18/18 01:04:29 AM
#3426   $AEXE Daily and Weekly Chart $Pistol Pete$ 01/18/18 12:44:12 AM
#3425   $AEXE AIM Exploration Discusses Discovery of Rare Earth $Pistol Pete$ 01/18/18 12:42:43 AM
#3424   AEXE Easily see a double coming tomorrow here.$$$$$ stealofadeal 01/18/18 12:29:13 AM
#3423   Very bullish candle. This has a history of KUMO TWIST 01/17/18 11:57:37 PM
#3422   $AEXE Good find here KUMO and can see stealofadeal 01/17/18 11:34:45 PM
#3421   $AEXE Grabbed a nice position here today and stealofadeal 01/17/18 11:30:35 PM
#3420   Anyone here notice the ask price above? Am Clutch29 01/17/18 11:14:55 PM
#3419   Im gonna say ya. I saw an .0048 Clutch29 01/17/18 11:08:09 PM
#3418   Nice reversal on chart, maybe it can run KUMO TWIST 01/17/18 11:04:16 PM
#3417   Twitter cash cow showed up. The move is Clutch29 01/17/18 10:48:37 PM
#3416   Share reduction just confirmed on Twitter. .006 test tomorrow tutankhamuns 01/17/18 10:00:33 PM
#3415   Must read $aexe confirm share reduction @aexeqb Q&A: c97 01/17/18 09:59:20 PM
#3414   Haha! Look at the short report. Those are Clutch29 01/17/18 08:54:41 PM
#3413   Wow, you are trying to make me a MrLucky 01/17/18 06:41:48 PM
#3412   sounds good c97 01/17/18 06:36:07 PM
#3411   Correct itself! Wtf are you talking about. This Clutch29 01/17/18 06:32:13 PM
#3410   $aexe looking strong price needs to correct itself c97 01/17/18 05:22:42 PM
#3409   may i ask what made you load? joe117 01/17/18 05:08:13 PM
#3408   2nd Highest Volume in AEXE history today! Tomorrow tutankhamuns 01/17/18 03:58:19 PM
#3407   Still looking good today. MrLucky 01/17/18 03:49:56 PM
#3406   We can move above the .005 line easily. Clutch29 01/17/18 12:43:21 PM
#3405   Next leg starting soon imo, holding strong above resistance. tutankhamuns 01/17/18 12:37:47 PM
#3404   Mightymyk posted that. I wanna kno the same Clutch29 01/17/18 12:11:34 PM
#3403   Where are you hearing buyback rumors? That MrLucky 01/17/18 12:07:29 PM
#3402   Sir you will find these guys dont really Clutch29 01/17/18 11:58:54 AM
#3401   I can look at what they say here MrLucky 01/17/18 11:54:59 AM
#3400   Guess you will find out after everyone else Clutch29 01/17/18 11:45:19 AM
#3399   There is nothing to learn, it's just a MrLucky 01/17/18 11:39:53 AM
#3398   You better learn. Twitter is quickly becoming one Clutch29 01/17/18 11:37:50 AM
#3397   At least the daily chart didn't lie, nice MrLucky 01/17/18 11:19:48 AM
#3396   AEXE....Thats what I heard also!! Hold on Thunderstruck 01/17/18 11:07:13 AM
#3395   rumors are they are doing a buy back mightymk 01/17/18 11:03:50 AM
#3394   I loaded huge here last week. Oh my... :) tutankhamuns 01/17/18 10:51:09 AM
#3393   Is anyone hitting those .002s? I don't MrLucky 01/17/18 10:47:23 AM
#3392   What is going on?? I love it!! clb5412 01/17/18 10:46:03 AM
#3391   .0018 next !! WarChest 01/17/18 10:37:40 AM
#3390   I don't do Twitter or FB. MrLucky 01/17/18 10:03:06 AM
#3389   Why dont you get on twitter and ask Clutch29 01/17/18 09:59:08 AM
#3388   Patience is not one of my strong points, MrLucky 01/17/18 08:47:42 AM
#3387   2 t8mes in a row late. Dont know Clutch29 01/16/18 11:06:11 PM
#3386   I don't want to get too negative, though. MrLucky 01/16/18 06:59:03 PM
#3385   Yes, it's typical, but also disappointing when the MrLucky 01/16/18 02:54:10 PM
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