AVB 0.00% 16.5¢ avanco resources limited

meeting floor at agm, page-119

  1. 3,391 Posts.
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    If we look at the SP movement cloesly, most of the genuine long holders are holding tight. So far traded just over 750k volumes and just $73k values of shares handed each other. That is only day traders playing around the stock. Every Ann of AVB are so far very positive and impressive regardless of SP movement. Examples of SIR chart last 3 years. From 2009 to 2012 July, SP was just flat and range 5c to 20c then July 2012 jumped significally to over $3 in 2 months. SIR is just drilling stage and for JORC. If compare with AVB, AVB is in very advance stage now. over 600k copper, over 500k gold plus silver and more to come. Big giants Vale and X-men are involved. Start planning for mining and construction. SP is just 9.5c. Market is just over 110millions. According to AGM presentation, we can hear the deal for second hand plant and construction pace very soon. Not very long from now. IMO just 6 month to 1 year time frame. I am fully believe, whoever with patience and looking for long term, this company will creat for you early retirment in 2 years time. Whoever doesn't believe and crying for everyday SP movement, just bad luck.
 
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