AVB 0.00% 16.5¢ avanco resources limited

tell me why, page-8

  1. 87 Posts.
    as acouch suggested, i think it's good for you to do your own research and read throught posts.
    If your after shareholder opinions:

    I believe this stock in 18 months, maybe more will be valued over $1. They have ENORMOUS potential... and i didn't type that in caps for the sake of it. Their potential as a spec company makes me very comfortable even when the the price falls to the lows of it's typically large trading range.

    This company has an ever extending high grade copper zone, with initial results of around 50%, another highly prospective copper zone with new drill out results on the way, they have a mass of iron ore being drilled out by Vale with a return of up to 40 mill, they have extended land tenements with Xstrata on new copper targets, and extensions of their high grade hits, not to mention a nickel and platinum exploration zone, which has currently become dormant, but is what i believe will make the company.

    They have 20 Mill of cash in the bank, they are fully funded with a strong cash flow, and they are operating in a country with very low tax and very friendly international mining agreements.

    To me, this company is the most exciting stock i have ever held, but only for the long term. I am usually a mid-term trader at the shorter end of the mid-term, but with AVB, i am in it for the long term, and I plan it to pay off my mortgage, give me a deposit for an investment property, AND buy me a nice new M3 Coupe.

    Do your own research and realise this is only my opinion, but i strongly believe that a long term hold in Avanco will offer great returns!! Now is the time to buy. I had initial parcels from 10c-12c, and still topped up at 17.5c in feb. It is very undervalued right now, and i believe those waiting for further drilling results before taking a position WILL miss the boat.
 
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Currently unlisted public company.

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