AVM 11.5% 2.9¢ advance metals limited

Thanks Stone Pony.Always a pleasure to have your posts!The...

  1. 572 Posts.
    Thanks Stone Pony.
    Always a pleasure to have your posts!

    The number of posts have been less as Anvil is moving on a very predictable path and hopefully there will be minimal disruption of progress or copper price and demand.

    There will be a relatively benign period while the SXEW plant construction progresses with commissioning due to commence first quarter 2011.

    The "closer to $4.00" share price which I suggested some time past has arrived.

    The "closer to $7.00" December 2010 or January 2011 share price may be slightly optimistic but still believe that is a reasonable possibility.

    The market will kick in when potential profits are close to realisation.

    Anvil the company is looking for "opportunities" and Stone Pony's suggestion that Anvil may be a very big company in three years time is a strong possibility.

    The company has learned from past setbacks and appears to be consolidating in a measured manner.

    For the bulk of 2010 Anvil will be "marking time" somewhat.

    The SXEW plant is basically what Anvil is all about now.
    Hence share price surge is inevitable with completion and commissioning of SXEW plant.


 
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