AVM 2.56% 3.8¢ advance metals limited

Bargain coal play - huge upside, page-144

  1. 655 Posts.
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    Has been an interesting June where cheap stock moved from the impatience to the patience investors.

    ST is not my expertise, back to six, up to eight. I wouldn't know, and for me also isn't relevant.

    Of course it's never bad to derisk our portfolio on the way up, but in the bigger picture I am looking as first target to the 20 cent range. And from there it all depends on the boxes PAK is ticking.

    Mgt is building a company here, so instead of some ST gains I am looking at companies like AGY, PLS and KDR, turning a penny stock in a few years into a company with a market cap of several hundreds of millions.

    Cheers
 
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