AVB 0.00% 16.5¢ avanco resources limited

avancoresources ResearchNote 05May16, page-180

  1. 2,329 Posts.
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    Recently bought in and as I see it if they bed the mine down and can turn even a meagre profit at current cu prices then the market will take notice and get on board. I've been watching for 3 years now and see the current sp as illustrating just how risk averse the market is. So many companies that would have been many times current prices without being near production but the halcyon days of the mining boom are gone. I believe this is a bargain for a long term hold with future exploration success likely and a very large operation eventuating.
    My god CDU still has a larger market cap!
 
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