This announcement clearly shows the exceptional operational strengths of the company which recently has not been valued reasonably. It appears market participants were confused by the merger of equals between Anatolia and Avoca to form Alacer Gold. Once the dust has settled, theturkish mine has reached steady state production and Avoca continues hitting on all cylinders, the market will adjust its valuation once again and AVO shareholders will be rewarded handsomely. 3.40 is just a start.
AVO Price at posting:
$3.38 Sentiment: LT Buy Disclosure: Held
