AVB 0.00% 16.5¢ avanco resources limited

i'm a mug , page-27

  1. 982 Posts.
    Depinto : "That's typical of you vsberlina, haven't heard from you for ages and you come back and mock this stock !!"

    I don't post on every stock I follow, every day. I only post when I feel I have something of value to add.


    Depinto : "And as for your theory, it means crap !!"

    You're entitled to your incorrect opinion. That is what this discussion forum is about. We all can't be right.


    Depinto : "Just look at Equinox, roughly the same amount of shares as AVB and are now being bought out for $8 + . They haven't even started mining yet !!"

    Oh dear. Someone hasn't been doing their research and is posting misinformation. EQN holders have been offered CAD $8.15, not AUD. They aren't, 'now being bought out for $8+'. Although it is pretty close.

    Anyone that had a quick look at their announcements would have seen the heading from 6 May, "Equinox Q1-11 Results Generate Operating Profit of $97.7 million". A dead give away that they are producing.

    I can't believe you're comparing AVB to EQN, simply because they both have around 1b shares on issue.

    Were EQN ever at 2c? If we look at EQN, it had a low of 33c. It therefore has done a 24 bagger to get to $7.93.
    If AVB does a 24 bagger from 2c, it may get to 50c.

    Mind you, it took EQN 10+ years to get there, so if you want to wait for 10 years in case AVB, 'GET THERE', then you also better factor in all the missed opportunities along those years.

    Looks like MW was smart to take his 10 bagger and run. Those that did the same, are also smart in my book.
 
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