major resource upgrade (jorc) rio verde ..., page-61

First time I jumped onto the AVB thread today. I knew there would be a lot of doom and gloomers out there. Very nice upgrade but as predicted traders are out and have held the price back. AVB management just need to keep on going. One negative with the announcement was the HGZ. I am the first to say they covered it up. They weren't going to bold it out in the announcement that they stuffed up with the prior estimate. I like to keep it real with my investments and the grade has shrunk considerably for the HGZ. They obviously over estimated the first time around (not good). I am satisfied with today's announcement..it's positive..but also has it's negatives.

This is why you have to diversify. At the end of the day prior estimates can be wrong. I am still bullish on AVB but they aren't the most exciting stock I am holding atm. A couple more long width intersections between Antas North and South will change my mind. Cheers guys.