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16.5¢ avanco resources limited

They stated the drill rig has been mobilised and did not say...

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Owenb79

3,232 Posts.

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23/10/14

11:38

Post #: 14168895
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Originally posted by Awoonga ↑

Finally after promising exploration "throughout" 2014 we have made a start.

Three of the priority targets are within 28 kms of Stage 2 (PB).The fourth, Agua Azul is 60 kms from PB. The significant point to remember for future reference is that at least 3 of the 4, and depending on the grades from Agua Azul, they are all within a viable trucking distance of the future mine at PB.

The infill drilling of PB is as previously stated by management is dependent on finance approval.
Bring on the finance is what I say.

As for our share price, traders will be calculating a probable time for the first drilling results, so too early to see any significant speculation at this stage.

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They stated the drill rig has been mobilised and did not say "going to be mobilised" so we don't know how long its been out there for. Also the 2500m drill campaign will run only for 2014 so that leaves the remainder of this month, Nov and Dec with results due either during drilling or in January. And also add a couple of months for assays.

AVB Price at posting: 9.0¢ Sentiment: Buy Disclosure: Held
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