Hi TowieO, I understand from your previous posts that you use...

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24/07/15

10:48

Post #: 15687038
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Originally posted by Towie0 ↑

Food for thought..

Would Buffett invest in AVB------------- what a great buy signal that would be.
The Majors work on a 400% ROI ------ they paid 8 cents did they not?
Current Board give SFA consideration to SP atm------ they are busy building a Mid Tier Copper Co
We have massive exposure to exploration territory---- Huge possibilities in a resource rich environment
Just employed key staff ----------- in order to free up time for our Directors to work on more prudent matters
Managed to get Mine built before the wet season ------ critical in the current Market in order to prevent further long delays in AN progress.
Now PB is growing in value and they are drilling the begeebuzzz out of the Tenements we have and still looking at further Tennements in the future so unless we go belly up busted & broke we will be ok but it will take alot of time to prove resources, find further resources, build more mines, raise or borrow more money if neccessary to build those Mines.

IMO (which counts for SFA) we have two Mines all but Guaranteed & the backing of several Companies none of us have the first clue on what goes on behind closed doors doing DD prior to making investments in a BS little Co called Avanco on the other side of the Planet...

Now in the past few days i have exceeded my yearly post limit on HC so i best be off to plan a short trade on Copper then chase the bounce to 6000

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Hi TowieO,

I understand from your previous posts that you use technical analysis to time your entries & I recall that you use Fibonacci levels for support & resistance, where do you see Copper trading in the short term?

Cheers

AVB Price at posting: 6.8¢ Sentiment: Hold Disclosure: Held
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0 Great analysis

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