Quarterly Report!
A "steady as she goes" report.
Have indicated earlier that have been somewhat bemused by Anvil share price strength of late.
Have not been expecting a surge of profit for the first quarter.
And it is profits - actual profits - that tend to lead AVM share price.
When the financials are released expect a subdued result there too.
Flats, Stone Pony, Whitelight, Miningnut, and others will be adept at anticipating such results - certainly not I!
Assuming steady copper price, steady world economies and steady oil price ------
Expect Anvil to surge past $20.00 in approximately two months time.
A time when institutions and insiders will be anticipating second quarter report.
A report that will include Kinsevere production for the first time. Production for only part of the quarter as commissioning takes place.
Third and fourth quarter reports should see Anvil share price continue to surge.
First to the $25.00 area - then beyond.
In the meantime will be pleased to see share price hold around present area.
Corporate changes - TSX recognition and taking into account future developments (hopefully - and at last) could see Anvil share price strengthen even if the last quarter financials are flat.
That would be a bonus.
Bearing in mind the traditional May - June weakness in resource stocks an unexpected bonus.
That's how I see it anyhow.
Remember your guess is as good as -------!
Cheers,
Vidi.
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