AVB 0.00% 16.5¢ avanco resources limited

"pressure starting to build"? As far as "pressure goes", this...

  1. 6,689 Posts.
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    "pressure starting to build"? As far as "pressure goes", this point in time is no different to times past. The pressure can only build if there isn't a time valve that releases pressure consistently.

    Our price has dropped from 11c to 8.9c over the last four weeks despite having a FML and 2012 JORC.

    The recently announced exploration was promised last year and considering the amount to be spent is approximately $500,000 out of $30 million in the bank, I do not see this as an "earth shattering" major development. Sorry, but many $millions were allocated from the CR's for exploration that is now on hold waiting on finance approval.

    That said I am happy for small steps in the right direction.

    People can paint any picture they want but to say that the "pressure is building" is absolute bull.
 
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