AVB 0.00% 16.5¢ avanco resources limited

Has copper bottomed ?, page-16

  1. 1,375 Posts.
    Owen will wake up (and return to posting) when we are back sitting at 8-10c range, and unlikely before.

    6c, 8c, 10c, all just short term small fry targets. True potential (share price) will be in 6-9 months when: AN is up and humming (exceeding production and grade expectations), copper is back in the $2.50-$3.00 range, PB decision to mine is known, JV situation is understood, and regional exploration finds "stage 3" - our tenements are nothing but exciting IMHO.

    Now, as for today's 6c expectation, anything can happen, the movement from 5c to 6c recently has been on rats and mice volume, so any decent volume could see a short sharp correction back closer to EI price (8c). Anything with a 6 or 7 in front is still a steal!

    Time will tell, GLTA, cheers
 
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