my fear is an AVB take 2 . Avanco was drilling for copper in Brazil and had Glencore, Blackrock and Appian as major shareholders which made shareholders happy but the sp was pushed down for years and finally jumped around 100 % up to a still very low value and sold against small shareholders wishes for a small premium. Basically the smaller holders were lucky to make a small profit over 10 or so years of waiting for the 10-20 bagger that it was worth. Here we have copper being very slowly advanced while missing out on the gold rush and who can stop a sale for a pissy 5c after this has jumped up 100 % to 3.5c ????
not suggesting this will happen but have seen it and bloody sure those in the know will be holders of the company buying us out.
Cobar gold !, page-17
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