AVM 4.35% 2.2¢ advance metals limited

Elk is useless my friend, It is riddled in red tape being in BC....

  1. 1,056 Posts.
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    Elk is useless my friend, It is riddled in red tape being in BC. It's won't happen unless drastic legislation changes and change of government.

    Management don't seem to be aligned with SH as it's evident that T20 shareholders are NOT supporting this on market and it is slowly being sold off post consolidation. Just based on the wages management take for doing nothing for AVM and working on other projects, we will need a CR around May.

    This thing is a dead horse for existing SH. Many of us need 25c+ to break even... that is going to require lots of volume and Shareholder churn to get there as many would just want to get out of this circus. A 200% gain will only get us to 12c and we will still be 50% down on our investment (even more).

    New fresh investors are the ones that are going to benefit here unfortunately. Seeing the lack of interest at these levels it's clear that not even new investors sees this management getting us any SH value.
 
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