1. Chartists who declare further weakness. As Liquorbox has predicted the current weakness based on his TA one must be respectful of their views - even if not in agreement,
2. Tribal conflict/unrest fears. Agree that some private investors are in fear of this dimension and it is no doubt a factor in share price. Long term followers are not fearful as the awareness of the political and security measures that have taken place are well recognised and give grounds for confidence in the future development of Congo. Flats, Miningnut, Stonepony and those of similar ilk - the most knowledgable and heavily into Anvil investors will concur.
3. Fundamentalists who have done the figures on Anvil, calculated future profit. taken into account the multiplying of potential/interested investors on TSX listing, etc . They indicate the chartists are misguided in that fundamentals and increasing interest/publicity will start sweeping Anvil towards true valuation sooner rather than later. I refer Flats comment from another post -----
"""We'll see where she's heading in the next weeks. If commodity prices are stable next week I think we've seen the worst of it... most of the dumpers in recent days have been the mum and dad shareholders with small holdings.
I'd suggest around 40c will be the lowest she will go. Anything lower will only occur due to something cataclysmic. The depth looks sick because everyone is on the sidelines watching, most buys of AVL come from the sidelines."""
I concur very much with the above (fundamentalist) comment.
Hopefully no one will get upset or indignant if chartists predict more gloom! Those who would enjoy "stirring up" fundamentalists (kennyglah?) should give rise to a chuckle - at least a smirk - then be ignored.
For Domum!--------- A third mine? It is known that Kapulo is a viable mineable resource from drilling long past. Anvil is drilling the area to gain a more detailed understanding of this resource - the results not too far away and nothing to slow the development of this resource to present another mine.
Alternatively drilling near Dikulushi has indicated a possible mineable deposit. That is known. However final analysis of this drilling has not been released. Some believe that Bill Turner may be puting the announcement of successful exploration and plans to implement another mine near Dikulushi on hold to release at an optimum time. Perhaps about TSX time? Now the Dikulushi drilling and possible new mine is speculation by some! Anvil posts endeavour to exclude ramping and stick to facts so take this possibility as presented. That is speculation only. Kapulo is not speculation as known and inferred resources are on public record. The second ball mill purchased second hand and no doubt ready to go signals management intentions. That is another mine.
When the tide turns expect a sweeping change. At least as strong as the recent downturn but in the opposite direction.
