Short Term Trading Week Starting: 20 November, page-371

  1. 6,683 Posts.
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    AVZ - in case you didn't read Freehold's top of the charts posting the other day...

    "Come tomorrow we will have 7 trading days till the start of Dec (Drill earmarked for early Dec). I would expect/hope for news stating that rigs have arrived onsite (a milestone IMHO) and a possible start of drilling if we are lucky. Klaus likes to surprise the market with under estimate and over delivery habitually. So would not be surprised if Ann comes early. Drill rigs on site may increase the interest. Delays would do the opposite.

    Once on the ground it should not be too long before the 1st drill core pictures from phase 2 are presented to the market (mid Dec or closed to Xmas ?)... if the "white stuff" is intercepted in thick'ish intersections 100-200m+ I think the market will react without waiting for assays as it has done in the past. If a hole 100m away from a prev assayed 200m+ thick intersections and of high grade lith is Peg then it would be a brave person to call that nearby hole to have poor lith assays. Each new hole intersecting peg/lith should reduce the risk inherently. Those onsite will be 1st to know obviously. If the market starts to rise strongly on no announcement you can probably conclude insiders are positioning. Likewise the opposite if it starts to fall sharply with no ann.

    The time is nearly upon us. Its been a long wait. Lets hope they can complete the majority of phase 2 drilling before further financial intervention from outside parties. The further drilling gets (Proof) the more indisputable the $ valuation becomes"

    Fabulous write up. I'm hoping that next week AVZ will break out of it's consolidation pattern, and move up a bit...
 
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