AVB 0.00% 16.5¢ avanco resources limited

Overview of actions and news from last 30 days:, page-25

  1. 4,664 Posts.
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    The way it stands at the moment, the rise to 10.5/11 in July is starting to look like nothing more than the annual AVB false rally. It had one in 2011 and petered out and again in 2012 & 2013. The reality is that formal approval of the FML can drag on for a very long time so it is quite possible share price appreciation may stagnant for some time as the stock enters another "no news" hiatus.

    Like watching grass grow....but I think the latest batch of starry-eyed AVB newbies are starting to sober up to the fact that these things take time and there aint going to be any further re-rate for some time.

    As each year passes - 2011, 2012, 2013 and now 2014 another bunch of newbies become jaded by the slow, methodical process it takes to progress a project, and realise they are not going to make a quick fortune (but hopefully a slow, big fortune - time will tell).

    Like some here have been saying for quite some time (rightly so)...turn off the screens and focus on the bigger picture. If the team behind this stock are finally successful in bringing a mine into production then everyone here is going to be happy "in the fullness of time".

    That's the challenge...can they tick the only box that matters - bringing a profitable mine into production. Outside of that, there is little point watching the excruciating gyrations of every bip movement while we wait to see if the sand pit's (stage 1) FML gets passed.

    Coop
 
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