?It really shows how few junior companies are available for acquisition by the major gold companies,? said John Stephenson, a senior portfolio manager at First Asset Investment Management Inc. in Toronto, which manages about C$2.5 billion.
Barrick is the world's biggest gold company, but is choosing to diversify into copper juniors at a time when there are very few good ones.
If AVB can prove up a decent resource in the coming months, watch out!
AVB Price at posting:
16.0¢ Sentiment: Buy Disclosure: Held