AVB 0.00% 16.5¢ avanco resources limited

plan and simple, page-5

  1. 3,351 Posts.
    Investors,
    we might see a major move today after the morning's selloff which has happened like clockwork on a regular basis.

    There are many whom are still contemplating taking a position in this firm and i would advise them to do adequate due diligence prior and have exit strategies firmly in place. This is certainly no pump and dump fiasco as it is moving up on volume on a daily basis that is based on various fundamentals.

    Their recent deal with VALE [who is one of the Big 3 firms in the resource sector] is an indicator of only one of their projects. Since VALE is the operator in that district, AVB can focus on its major copper project vehemently. There is also a strong chance that VALE is taking up positions in this company with copper spot prices now trending higher to 3.60.

    Their pending results [if confirmed to be good] would put this firm way above their current share prices. This will ensure that AVB has added media exposure to the major institutions, traders and fund managers.

    Today's trading will be more of the same and we should see this above 11cps. The options will start to really move when the heads start swinging by 0.5cps instead of 0.1cps.

 
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