AVB 0.00% 16.5¢ avanco resources limited

wall disapearing, page-19

  1. 228 Posts.
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    I am not a trader, just merely a little pleb who does his research and puts his hard earned money in places he can see value.

    I am still however having issues coming to grasp why so many are trying to compare AVB to SFR.

    yes we all know who SFR are and what they have, but how can you bring comparisons to a company who has the land here in Australia to one that has the land in the Carajas?

    yes the grades may be similar or close to being on par, but these are two totally different countries with different laws and governments who may think very differently as to what is best for them.

    I am not looking forward to a $7-8 share price, I am just looking forward to continued solid drill hits and a modest to crazily stupid gains (would be more than happy with a 5 bagger) on my initial investment....

    patience is the key here!!

    Have been holding for 12mths and plan to keep holding till this drill campaign is finished..

    Please, no more comparisons to SFR, its getting old!

    DYOR
 
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