Must be getting old!
The share price surge is almost certainly a harbinger of a very positive third quarterly report in the making.
Of course!
Insiders/institutions appear to get a sneak preview of the basic figures, etc for the previous quarter about mid way in the following month.
It is likely that after viewing the information Anvil share price has been re-rated.
Institutions appear to have decided that taking all things into consideration the share price is now good value at up to $4.00
The share price has quickly moved to that level and the private share holders will now need to wait until the quarterly report is released for the good news.
A predicted share price of $5.00 late 2010 or early 2011 still appears a reasonable expectation.
Completion of the construction the SX-EW plant is expected early Q1 2011.
Commissioning to begin early Q2 2011.
Assuming no set backs still anticipating a share price of close to $7.00 during 2011.
When The SX-EW plant is fully commissioned and then enhanced to full capacity perhaps $9.00. Others are more optimistic.
The company has been working for some time with a syndicate of European banks to obtain a loan of $140 millon.
The finalisation of the negotiations and signing of the contract should take place during the present quarter. Hopefully!!
With corporate developments - snapping up valuable territory and mines at bargain prices Anvil has the potential to grow enormously over following years.
One may well see the share price reach historic highs.
Eventually.
As always - One for the patient.
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