AVB 0.00% 16.5¢ avanco resources limited

today i rang 08 9321 6600, page-23

  1. 4,331 Posts.
    Thanks HB

    The 50 Million Tonnes @ 1% is a great target delivering 500,000 T of copper metal for an AVB JORC, SFR are at around 650,000 +their gold and silver gives them around 780,000T Eq and SFR are around $1.1B in market value. The drilling program is in full swing and when those results start hitting the market the rerating upwards should start, the real money will be made when hedge funds realise that a big JORC is in the making, by then the cheap entry is over. AVB is at the ground level now with a huge war chest of cash only to get bigger from value.Just some patience is required as with most decent stocks that have the goods. Today is going to be a crapy day, best to go fishing and come back monday fresh.
 
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