AIM Exploration Positioned Well for Profitability as Anthracite Coal Prices Surge
September 29 2016 - 8:00AM
Access Wire
High Demand for Anthracite Coal. Aim Can
Deliver
HENDERSON, NV / ACCESSWIRE / September 29, 2016
/ AIM exploration (OTC: AEXE) CRU, an independent
authority states that Metallurgical coal has been the
star-performing commodity of the year so far. The premium hard
coking coal (anthracite) spot prices are surging upwards and
reaching $163/t, up 108% since the start of the year and the
highest level since February 2013.
What this means to AIM Exploration Inc. is that the anthracite
coal AIM has in their Peruvian concessions is even more attractive.
With the infrastructure is in place, AIM is getting geared up to
begin. This includes extraction through the local miners,
transportation on roads that are capable of handling the coal, and
the Port of Salaverry is ready willing and able to handle the
requirements.
J.R. (Bob) Todhunter, President & CEO states, "AIM is well
positioned to capitalize on this strong value and this should prove
to be a very profitable." Todhunter further went on to say, "AIM is
close now to completing the marketing joint venture in Dubai with
Prina Energy of India and it is anticipated formal Purchase Orders
will be forthcoming.
Also, an update on our website has been made and emphasizes this
coal project as the flagship project, it should be highly noted
regarding the infrastructure to 'bring to port' for coal. We have
the infrastructure such as roads, bridges, equipment, and payload
Gross weight allowable transport such as loader trucks with
transport capability to support 25-tons. The road to Otuzco is well
maintained supporting 25-ton trucks. This will facilitate smooth
hauling of coal to the port."
We welcome our audience to view our website.
http://aimexploration.com/peru-operations-plan.
And we also welcome people to follow our twitter feed at
www.twitter.com/aexeqb which has 1500 followers and growing. "This
gives us indication that clean energy is a global concern and
enforces our belief that is why we need to carry out our objective
of mining clean high BTU anthracite coal," says J.R. (Bob)
Todhunter.
About AIM Exploration:
The Company is an Anthracite coal mining and exploration company
and plans to mine 1,000 hectares of land. Putting this into
perspective, 1,000 hectares is 3 times the size of Central Park. We
have expertise in business, mining, and legal with our
distinguished board of directors. We have amicable relationships
with all parties involved in mining in Peru. We are a SEC reporting
publicly traded company with the symbol (OTC: AEXE).
Forward-Looking Statements
Certain information set forth in this press release contains
"forward-looking statements" and "forward-looking information"
under applicable securities laws. Except for statements of
historical fact, certain information contained herein constitutes
forward-looking statements, which include management's assessment
of future plans and operations and are based on current internal
expectations, estimates, projections, assumptions and beliefs,
which may prove to be incorrect. The Company is not basing its
production on a feasibility study of mineral reserves that has
demonstrated economic and technical viability. Also, please provide
additional disclosure of the increased uncertainty and the specific
economic and some of the forward-looking statements may be
identified by words such as "estimates," "expects," "anticipates,"
"believes," "projects," "plans," "targets," and similar
expressions. These statements are not guarantees of future
performance and undue reliance should not be placed on them. Such
forward-looking statements necessarily involve known and unknown
risks and uncertainties, which may cause AIM's actual performance
and financial results in future periods to differ materially from
any projections of future performance or results expressed or
implied by such forward-looking statements.
Contact: info@aimexploration.com
Twitter: www.twitter.com/aexeqb or @aexeqb
Website: www.aimexploration.com
AIM Exploration Inc.
J.R. (Bob) Todhunter
SOURCE: Aim Exploration Inc.
Aim Exploration (CE) (USOTC:AEXE)
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