What a great stock to trade but I'm afraid my days for trading Avanco (bad macro or not )are over after this latest announcement...just to risky not to be in. I must say that I was surprised to get another big chunk @ 8.9 so thx . I said a few days ago we will be in the nines again soon but now I think the next drill results could shoot us back to the teens.
Significant intersects have been made along strike at Antas North and it remains open along strike in both directions. High concentrations of chalcopyrite in AAND-14, AAND-15 and AAND-19 have been recorded, and favourable results are anticipated. Drilling at Antas North continues down plunge and along strike to the southwest where mineralisation is interpreted to intersect Antas South. The interpreted intersection of these trends is supported by the presence of an untested EM (Electromagnetic) anomaly. Follow-up deep drilling at Antas South is expected to resume within the week.
If North and South are linked to the same feeder system you can kiss last years high goodbye.
P.s Dont be fooled by the trading. Up from here imo. Well done holders
AVB Price at posting:
9.0¢ Sentiment: Buy Disclosure: Held