AVZ 0.00% 78.0¢ avz minerals limited

Running discussion on SP, page-6251

  1. 2,362 Posts.
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    Very humbled 10/4 by your kind words. Honestly, I have never doubted AVZ. I have never sold a share, and I got in early!, and accumulated on retraces. I have been involved with other companies that's resource did not measure up, and I got out......Why did I get out? Their fundamentals did not stack up;PERIOD! as Scarpa will tell you, and he is dead on...

    'Most exploration plays that fail, because only one in 50 ever make it to mining btw, is BECAUSE THEY DON'T HAVE A RESOURCE PRIMARILY!'

    In fact one of the companies I was involved with was only 30km from port with established infrastructure. Again, without a great resource you are not going anywhere. You are stranded by your lack of a resource!

    In all credit to those other companies they may well find something, they have good tenements,(Good luck to you guys!), but AVZ's resource is here and now, backed up by 72 years of historical data(Brownfields-they know where to drill!) It is an ever growing monster, and you can touch it, you can see it; the results do not lie! It is to good to be true but it is!, so far homogenous, world record upon world record intercepts of high grade lithium containing spodumene close to the surface(a miner's dream!), So far an INITIAL exploration target, potentially multiples larger of any known lithium resource of 1.2-1.5 BILLION TONNES of 1.5% Li2O...UNHEARD OF, plus a tier one tin resource with tantalum.....and that is why I am not going anywhere! I know AVZ's true value as it would sit in the lithium space!

    Another point is that the stock market is littered with the impatient that have gifted shares to the patient. This is no different with lithium exploration companies.

    There are a lot of short sighted itchy fingers who rued the day they sold out of these companies.

    Lithium exploration companies have their ups and downs.

    KDR...Took a while to get going and hovered around the 40's and then up to the 80's and then for a long time back to 30's to 40's...Has then reached a high in the $2.40's.

    PLS...Reached the 80's, hovered for a long while in the 60's then a long stubborn time in the 40's and 30's...reached a peak of $1.20 this year.

    AJM....Forever was stuck in the mud... around 12c to 14c...reached 48c this year.

    Impatient holders lost out!; and there were a lot of trolls on social media telling them to sell!

    KDR holders who sold in the 40's lost out on 5 bags!

    PLS holders who sold in the 30's lost out on 3 bags!

    AJM holders who sold at 12c lost our on 3 bags!

    It is easy to become impatient and sell out thinking you can gain quick riches on the next one centa stock. Many have tried that route and sadly these stocks have been the graveyard of the impatient! These shiny new stocks promise the earth and with speculation may rise a cent or two but soon come crashing down to earth when they are but an empty shell WITHOUT FUNDAMENTALS!

    If one had stayed longer term with the original stock with the solid fundamentals you would have reaped a big return!

    In closing I am actually very excited, and feel privileged to be a holder of AVZ, and believe we have the fundamentals to have a very positive and productive future ahead!

    AVZ will be grow when the penny drops, and holders actually hold because they see AVZ for what it really is, a great future investment, medium to long term! AIMO

    Cheers M8
    Last edited by Mining8: 12/06/18
 
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