We are unfortunately now sitting at a 50% retrace from the highs in January. Naturally anyone who bought in after that date is feeling anxious and will quickly sell to avoid further losses. I know little about what really happens in the DRC with respect to productivity but one would assume that the previous Chinese interest and investment should place some base for the SP. The question now is, what is that base SP considering the size of the asset (without assay confirmations!) vs the risk of its location?
AVZ Price at posting:
16.5¢ Sentiment: None Disclosure: Held