AVB 0.00% 16.5¢ avanco resources limited

announcement out - 3 fold increase in s.verde!, page-51

  1. 13,667 Posts.
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    George I feel I have always given a balanced view. No price targets from me except posting the facts and the potential on the company. When Woods sold I also wasn't happy but I accepted the reasoning behind the sale. As for other negatives..well if they can't extend the HGZ then who knows but the minimal results released to date show that the HGZ is open in both directions. Then we have many other targets to drill so I feel this company has positives everywhere. Take it as you like.

    I advised many holders that I was free carried when we had the huge run from 2 cents but I have also been adding with profit money as I still see excellent potential in the company for further growth. If I loved the stock so much I wouldn't have locked in my free carried position 5 months ago. I know how to protect myself but I also believe she has potential to go much higher. As for going much lower than the current price I dont feel the downside risk is as much as the upside potential.

    cheers
 
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