AVB 0.00% 16.5¢ avanco resources limited

so what next?, page-77

  1. 171 Posts.
    OB I agree with you that it would be disappointing to see this one taken out cheaply. As to when it will hit a target price we can only guess. Imo if we increase our total resource by 50% this year and have a mining program in place then every chance of 20c +. AVB is not the only stock not performing to valuations as atm there seems to be a bit of sector rotation going on, even our Argonout comparison stock DML is off 7.5% today and many others. I topped up my holding last week and if I was a ST trader I would be kicking myself but I'm not so still good buying imo. It was expected that there was going to be some effect from BOB'S and maybe a small portion are getting flicked out for what ever reason only know to themselves. I believe the macro copper situation is favourable and will remain so for some time yet. In the near term we look forward to seeing whats in the 15 completed holes and then a JORC upgrade to AN this quarter. I will be sticking to my plan and time will tell if it was a good one. The market may remain stressed for a while yet, who knows, but constantly watching this kettle ain't going to make it boil any quicker, so will set the alarm for results/news. GLTA
 
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