AVB !, page-27

Yes that is true, but it should not be forgotten that many investors have come on board in the last couple of years as well, probably they out number older holders, if you count the majors we know they do. The other point which I think is important to balance the "other companies have gone up multiples is a lot of money not made" is that many have gone down and a great deal of money has been lost. Run the chart over all pure copper plays and look at how AVB has done, because that is how you must measure a peer IMO.

It is perhaps not surprising that we are creatures of habit, I have done some work on this sort of thing over the years, but to keep it to stocks, the likelihood of investors changing habits is very small, this tends to mean if they pull money out of one a single unit they will deposit it in remarkably similar units. Others can figure out if this is good or bad, I just make the point.

In all of copper this is not a bad place to be IMO, sure risks exist, the big one is execution within budgets and timeline, we will get to see how all that is going soon enough, that drone is a good eye on things I think.