annual report out , page-2

As assumed before, it is now more certain that recent price surge - to all time high in TSX - was a factor of institutions revaluing Anvi in accordance with the Annual Report in advance of public release.

Institutions were impressed with the Report to that extent.

For those who tend to suggest Anvil Management do not keep shareholders up to date and fully informed the report clearly maps out Anvil's objectives for several years to come.

Exploration up dates and similar matters can only be released to the TSX when proper analysis is complete.

This stops the likes of "Twiggy" announcing great discoveries - creating false expectation - share surges followed by share slumps and disenchantment with management and consequently the company.

A share price nudging towards 90 cents.

So far so good.

Better than expected at this stage.

The next surge should commence about the middle to late April.
Based on increased quarterly profits - the figures to be released to the general public at the end of April or early May.

In the past share price was largely dictated by profits as released in Quarterly Reports.

Could or should be the same now.
The impact perhaps less due to the increase in shares after recent allocation.

Miningnut and Stone Pony tend to suggest profits will be relatively modest increase.
(Not exactly sure about that!)

Whatever! Any surge in profits should be positive for share price.

Interest on money raised will probably amply cover increased costs of additional directors?

Always something to look forward to with this company.

For the patient rather than for the speculator.

Closer to $1.00 later in April hopefully.

Closer to $2.00 when Mutoshi (Error! - Not Kulu, as for my previous post) gets going.

Bear in mind items brought to our attention by Miningnut.
Canadian institutions may be more keen to re-value Anvil on the basis of positive exploration results and general progress - rather than just on Quarterly profits as for past.

Hopefully so.
Would make the $2.00 prediction very conservative if so!