News: Avalon Launches New Resource Expansion Dril, page-11

re: News: Avalon Launches New Resource Expans... Wondering when people will realise potential in SP here.

Pretty good speccy to hold - this is my opinion. Why?

Well I admit that comparisons are hard to make due to many factors. But simple comparisons can sometimes be made just by looking at some numbers.
So I look at other copper stocks and do basic number viewing. Take SFR for example.

SFR has 10.6 Mt @ 5.6% Cu - 644,000 tonnes copper
Shares on issue 148 million and these area at $7.25
They have $40.9 million in cash.

AVI has 66.2 Mt @ 0.9% Cu - 601,000 tonnes copper
Shares on issue 154 million and these are at $0.195
They have $4.2 million in cash.

Seeing these numbers plainly, side by side, one can only wonder what is missing or needed to get the SP moving for little old Avalon?

Now I see that the cash is 10X higher for SFR and quality of copper is higher but still the SP between the two, looking at amounts of copper they each have, is a little un-even....
...But I am happy to have replies and in detail if someone has already done a full company comparison with others.

Anyway one day people will see what this little company has.

Till then, I will load up and wait....after all patience works with a company that looks like they are doing all the right things....Who knows what else they will find in this new drilling period.

MOO - (My Opinions Only)

Fortune to all.