Here is the link to our recent interview with
$AEX:
https://youtu.be/cd_03C7JtaQ Interview with Eldur Olafsson, CEO of AEX Gold (TSX-V: AEX)
We've spoken to Olafsson previously about this Greenland-focussed high-grade gold mining and development story, and he has impressed us with his ability to clearly communicate the AEX Gold business model. Gold is incredibly hot right now, and gold companies are raking in the capital; can AEX Gold continue to drive the share price up as it has since the turn of the year?
AEX Gold recently raised a substantial GB£42.5M, and this is perhaps indicative of the current gold rush we're experiencing. It an incredible environment for gold investors to pick undervalued gold winners. AEX Gold should now be able to get into production within the next 18-months. It is an extremely aggressive plan of accelerated development with no PEA, FS or DFS on the horizon. This play is based almost exclusively on historical gold mining data, but it should be mentioned that lots of the data is from within the last 15-years, and AEX Gold's flagship Nalunaq Project has previously produced 350,000 oz of gold between 2004 and 2009.
Will the market appreciate this unconventional approach? I understand that gold companies are having no difficulty getting financed right now, but why were institutions happy to throw their money into the ring without more solid data?
Let us know your thoughts
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