re: pause and consolidation Anvil share price positioned as anticipated.
To repeat (again) comments originally posted on 23rd October and still relevant.-------------
---------"Present share price has moved from mid 90's fairly quickly.
Institutions - Insiders pushing price up before the private shareholders are aware of the reasons.
Although with the technical expertise of people on HC - Miningnut, Stone Pony, Flats, etc, etc. we probably have a reasonable grasp of positives to be announced soon.
One might well keep in mind the adage - Buy to rumour, sell with news.
Meaning if institutions and "insiders" are set before the "good news" is announced they may sit back and share price might actually retract.
The gut feeling at the moment is that the present surge in share price is likely to continue.
Not expecting dramatic moves.
Anything over $1.30 in the next few weeks would be impressive.
And closer to $1.50 not too far into next calendar year a reasonable expectation." ----------
Perhaps a most significant comment in the Quarterly report just released refers to the expectation that once the Congo election is finalised - peacefully and "successfully" - foreign investment is likely to pour in.
Anticipations of Stone Pony and others that Anvil will be relvalued to a much higher level based to a large extent extent on substancial increases in rich ore reserves could well occur.
For the time being am satified with the hope of closer to $1.50 early next calendar year.
Closer to $1.80 by the end of 2007.
Bearing in mind much can happen in that time.
To surge Anvil share price.
To retard.
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