That was a very good JORC resource increase. I did not think we would have more than 200,000 tons of contained copper and 170,000oz this early. The gold is a fantastic bonus. I find it hard to believe the market would really anticipate that major increase. The Potters analyst report was conservativley expecting half that amount and vlaued the stock (discounted and without any gold values) at 16c. The gold credit is another story here. This is also getting higher as we drill deeper. I feel extremly happy with these outstanding results with many more upgrades to come. This is virtually dersiked in a short period of time as far as i am concerned. All these targets are open along strike and at depth. We have multiple new targets to drill as well. I personally feel the management have been seriously conservative in their resource target and it will be no more than the begining of a much larger long term mining project. The company is going gang busters and the share price is being held hostage to short term traders. The companies progress will eventually be meet with an inevitable strong rerate. This has become a much stronger buy than at any time in it's history. The results are simply here for all to see. I see the company under promising and over delivering. We can be happy about that. I am sure AVB will start it's rerate when the market least expects it. Funds or larger investors would be looking for their own reasons, numbers to trigger their buying. Large buyers want large unsspecting sellers and they have that in spades with AVB. dyor and good luck.
AVB Price at posting:
9.8¢ Sentiment: ST Buy Disclosure: Held
