jp morgan disagrees with you vidi, page-11

re: jp morgan agrees with you vidi Hi Merkin.

Theories on Anvil price surge?

Could be.

Impact of recent investor/institutional visit and information sessions at Congo. (see Anvil site)

Likely upgrade of Anvil share valuation in pending reports by brokers related to above.
Insiders like to get set before anticipated share price upgrade and share price surge.

Anticipated large upgrade in proven resources due to recent drilling. (Refer to Stone Pony's posts)
He seems to suggest impending upgrade in proven resources will be so significant that it will cause Anvil to "rock".

Another strong quarterly report due next month - Inceased profits?

Anticipation of commissioning early 07 and progress of new mine at Kinsevere.

The bounce back in commodities, surge in stock markets and newly found faith in US economic forecasts.
The sky is not falling after all!

Recognition of the positive progress of Congo elections and faith in final outcome.

End of institutions adjusting portfolio balance after recent surge in Anvil share price.
Consolidation over?
Institutions such as Commonwealth must reduce holding if one of their investments surge in price.
This is to keep their portfolio in balance - to reduce overall volitility.

Declaration by Miningnut that he has completed his selling.
Just joking -- Just joking.