Guys..lets be honest..This is a good announcement and shows the prospectivity of the licenses recently acquired.
It's not the big one we are waiting for but everything is on track. Its the first of the announcements that we were expecting as quoted from the quarterly below.
"The terms have been agreed for Avanco to earn into 75% of the Nickel Platinum Project located in southern Carajas and closure on the final agreement is expected in coming days. Pending assays for rock chip and soils geo-chemistry surveys are expected soon and the Company anticipates results will support the belief that the property is highly prospective for nickel sulphides and platinum group metals."
There hasn't been steady accumulation in the past couple of weeks in anticipation of the rock chip samples announcement. We are waiting on assays from ARVD-106A. Thats the main short term major announcement. Stay calm and remain patient.
cheers
AVB Price at posting:
18.0¢ Sentiment: Buy Disclosure: Held
