AVB 0.00% 16.5¢ avanco resources limited

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  1. 265 Posts.
    50% more sounds like a great deal but 50% of 24k T is only 12,000T of copper, AVB will increase their DSO with this round of drilling greatly, if the step out holes show more DSO in the north west and south east AVB will pass the SFR DSO target without a problem which dosnt include 4 other high impact targets yet to be drilled.

    Simply put the infill drilling could push the DSO to 30k T contianed copper alone, stepout drilling could see it add nothing or maybe double again or more.

    The buying from well below 10c is something we rarely see, it has been relentless,i have had the idea of waiting with my all in 100% position from the moment i have bought until the nextround of drilling,AVB deserves another break from yesterdays run and a support level of 16/17 will be a huge result, anything more than this as a base will again prove how strong this move is as it has over the past.

    There is something very odd about this move and its the sheer volume, the sheer brutality of buying strength that has told me to just sit and wait it out, the small pull backs mean nothing to those that got in very early.

    Cheers

 
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