AVB 0.00% 16.5¢ avanco resources limited

avanco exceeds half million tonnes of copper!, page-25

  1. 11,748 Posts.
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    Everyone likes a rising SP for sure, but a risk on is required really to get a run even on, even with a great update like this, but alas we are not in that space right now. But for longer holders this is looking very special indeed. You cannot say Xstrata are going to gift anything, but 172,000ha with 28 exploration licenses situated less than 15km from Vales Sossego Copper super pit which is said to host 340Mt of cu at 1% and gold at healthy .34g/t seems

    I hope no ones fibbing here (Asteroider did you say fib ?) because if they can do this on what? Ten pins and whack on another 155,000t contained copper in the mix what will they end up with this quarter, any guesses?

    Have to appreciate not many will do the grunt work on the ground out in copper land, but even so this looks a gift at what 15% equity?

    All IMHO.
 
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