Any chance to off some load non-core assets to raise some capital and wait to get the SP over 10c or do quick 100-200mil @ 3c - 6c soon and get it over and done with ?
this from AVQ's Annual Report 2010 - Page 25
Pu Sam Cap previously consisted of two MELs. On 7 December 2010 the operator, Triple Plate Junction Plc, announced the approval of a new 27 square kilometre MEL for issue for a twoyear period. Axiom's interest of 8.47% is free carried until a decision to establish a mine is made. The Pu Sam Cap area is prospective for high-grade epithermal precious metal veins as well as copper-gold porphyry deposits....(continued)
Here's news about TPJ and Newmont's failed takeover offer.
Triple Plate Junction shares rise as it plans new drilling in Vietnam.
7th Dec, 2010
Drilling is slated for March 2011, and teams are already being mobilised to re-establish operations on the ground. Also a geological sampling programme will be done in preparation of drilling. "Pu Sam Cap is a project that could delineate and deliver to the company a gold resource relatively quickly if initial drilling results are encouraging," chairman Tony Shearer said........( continued )
There's a Canadian miner , Olympus Pacific Minerals (asx:OYM) with the only (i think) operational gold mine (exporting) in Vietnam. Can we do a deal with them ? Anyway , check out OYM thread to see what projects they're doing and if they have $$$$$ :) and any close to AVQ's 4 Vietnam areas. 2 still not granted mining licences yet but should be soon.
AVQ Price at posting:
5.6¢ Sentiment: LT Buy Disclosure: Held