AVB 0.00% 16.5¢ avanco resources limited

billyjack No one is happy with where the share price is. It has...

  1. 234 Posts.
    billyjack

    No one is happy with where the share price is. It has nothing to do with what AVB are or aren't doing, it is pretty every much every resource stock - large and small - on the market. We've just come out of a decade long mining boom in this country. The good news is mining and resource stocks are cyclical so it will turn around as it always does, depending upon when the commodity they mine is in demand or not.

    AVB are well placed and doing what they can to take advantage of when the cycle turns for resource stocks and copper plays in particular. Mining from mid next year is a good start.

    Check out the share prices of the market darlings like SFR, SIR and lots of others large, mid tier and small. Prices are all at 3-5 year lows. Just requires some patience unfortunately until sentiment and demand returns.

    Good luck
    Last edited by pumpa: 31/10/14
 
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