We have all seen over the last few weeks the style of posts showing up when ever AVB would fall, WE all know the game that is played but we are not supose to call anyone on it, why not?? A post was moderated for ramping as the poster didnt give any reason for AVB being $1, like most AVB holders we have made a boat load of cash, saltwatercowboy could probably now become the prime minister with his haul.
Its just wrong for posters to be sending the mod a TOU for a post that is actually more than possible to happen. Its called "POTENTIAL" AVB has 50% copper on its lease at very shallow depth, is it fair to say that 9m @ 50% copper has the same copper content as 90m as 5% copper?
At $1 AVB is valued at $750 million, currently AVB has a copper inventory inground of 84k Tonnes valued close to $700 million and they have hardly scratched the surface. Think about it, the copper resource after this round of drilling is likely to crack 100,000T of contained metal for what could easily be called scout drilling programme. Who on earth can show a 100k copper resource with stuff all drilling, it would have to be the cheapest discovered resource per pound on the planet.
How much copper will be found when AVB gets agressive about drilling?? I would say they could easily exceed the 500,000 T contained copper,hitting 20% -50% copper and the resource will be on the table in less than 1 year, the resource is open in all directions and at depth not to mention the 4 or 5 other high grade surface sampled area's, the other targets also carring 48 gramme gold but lets add gold into the eqaution.
The exploration upside for AVB is simply staggering and THE MARKET WILL reward AVB a massive premium simply for its blue sky exploration on its copper assets alone much to the dislike of those trying to buy AVB at 10c, sorry boys but currently they are selling for 18c,wink wink!!
AVB isnt worth $1 today as the potential is yet to be realised but they sure as hell have a really good chance of acheiving the target, take a look at the surrounding resources in the CARAJAS, they are simply ELEPHANTS.
So you have a australian minnow in elephant country with copper ranging from 1% to 50%, the CRAJAS resources are of size that makes Earnest Henry look like a joke, the resources in the carajas range from several hundred million tonnes to the multi billion Tonne range.
Thats why AVB can easily be $1 with more drilling, no reason why AVB couldnt become a major copper producer in its own right, with EXPLORATION SUCCESS there is no reason why AVB cant be valued at $1 billion in 12 to 18 months from now. Im glad AVB has had short sharp reversal's on all 3 occassions, many simply missed the boat on all 3 occassions, live and learn boys!!!! Still plenty at 18c::)))
WINK WINK
AVB Price at posting:
17.5¢ Sentiment: None Disclosure: Held
