AVO is, IMO, going to hold up above A$2.00, despite the current general market sell off now underway, and the HUI and gold price downturn. Gold stocks are, in any case, horribly oversold relative to the gold price. AVO's positive news of today means that only day traders and weak hands are sellers. Mind you, there is nothing wrong in buying at A$1.90 and selling at A$2.30 and then buying again at A$2.05 and doing the entire thing all over again; LOL. A very sweet little earner if your quick! However, for those hanging in, the real rise is, IMO, not far away. MA's are now moving into tight bullish alignment. Perhaps the takeoff will be in May close to the mine going into full production and the mill commissioning. Can't see the downside unless others can!
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trading very thin on hui and gold downturn
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