Anvil down Flats not just due to low turnover on the ASX.Last...

Anvil down Flats not just due to low turnover on the ASX.

Last five days on TSX has been stepping down from $18.00 to $16.50 (Canadian dollars)

Have suggested last quarter was not shaping up as a good quarter for profit increase.
Profits less than previous quarter?
Some interruption in mining, increased expenditures, wet season, etc.
(You will be much more capable of gauging such matters than I).

My - guess - is insiders, et al are downgrading Anvil's valuation in anticipation of actual profits soon to be announced in the first quarter financial report - due this week?
Traditionally Anvil share price is highly sensitive to profits as announced in quarterlies.

Have suggested I would have been pleased to see Anvil share price retain past levels for the time being.
That in about ten weeks share price could surge past $20.00 in anticipation of second quarter reports.
Which should be improved with uninterrupted mining and Kinsevere starting up during the period.

There is a reasonable possibility that share price will recover soon after the impending financial report is released as institutions look ahead.

Then again we are moving into the "Go away in May" period when markets are traditionally subdued.