Great post, new. R u referring to macd chart!

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Abu2121

660 Posts.

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02/11/17

07:44

Post #: 28421244
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Originally posted by nsw004 ↑

AVQ long term charts are clearly showing intelligent money getting in and dumb money getting out, ofcourse this process is always done with periodical down ramping of SP , to make the dumb money run away in fear : but major positions are clearly being taken by the intelligent money now : I was actually waiting for the long term charts to turn up , that is why waited for a year and did not get in even at 14- 15 c earlier , rather I got in at 21c a few days ago. We cannot afford to lock up our money for many years thinking a stock is cheap. It pays to buy even 50 percent higher prices , if the stock has turned up on long term charts and positioning for a mega run. Thats what I have done with my AVQ buy now. Reg high salaries to board, that is the price for buying such a great asset in SI, we retail have very little say in all that and better to look at the larger picture.

Reg further SP targets after it hits 1.00 Aussie Dollar hopefully some time in 2018 ( I think it should happen in six months max, thats what the LT charts look like ) , it depends on Ni , Co demand based on EVs sales trends. If these things click, then AVQ ofcourse becomes a long term hold, or may get taken out by a biggie in Aussie Dollar 2.00 - 3.00 range. Quite a few people do not know that mining in SJ/KS in SI is going to be an extremely simple and cheap process, I am sure quite a few biggies are watching the final allotment to AVQ . Sumitomo would not have done all these underhand things if they were not sure about San Jorge and Kolosori potential.

The risk is nothing happens for next one year and SP goes back to 14- 15c range. I will be a big buyer if that happens.

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Great post, new.

R u referring to macd chart!

AVQ Price at posting: 20.5¢ Sentiment: Buy Disclosure: Held
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