re: cu & ag...flag has formed?
AVL is not only undervalued but is going places - fast. Fast in terms of a mining company that is!
The two stages past - buys at lows near 5 cents (pre announcement of intention to commence mining), buy at 11 to 13 cents (over a consolidation period) were the two best periods for capital gains.
We are now entering the third - perhaps last? - period for which those prepared to commit will do extraordinary well.
Recent prices in the low 40's are great buying opportunities. 04 will be the "company maker" year.
Whilst a price of $1.00 by September 04 has been predicted - this is very conservative.
Listing in Canada will push the price anywhere from 20% to 80% on top of present valuation. My prediction is much closer to 80%
An announcement of an additional mine is inevitable - some time earlier in 04. The impact of this on share price will be substantial.
Then there is the massive under-explored highly prospective areas - in and outside the Congo.
So $1.50 by September? Not an unlikely scenario.
$2.00 to $3.00 share price? You bet!
But maybe not 04. But possible. 05 to 06 more likely.
The action starts by late January. Those holding now will achieve the best rewards. Those buying on the break and afterwards will do well too!