Well who said -no one -rings a bell -when the market...

Well who said -

no one -

rings a bell -

when the market bottoms??




Best not carry on - every chance of a retracement to recent low in the next few months.

Anvil is behaving as predicted.--- "A low around mid October possibly till just before results of the Contract Review is announced."

We expect and hope no serious damage to Anvil will eventuate from the Review.

A "relief rally" of the share price is to be expected when Review result is announced - but perhaps not a great one and tending to be ephemeral.

The time to mark is in five months - mid April - in anticipation of a reasonable and much improved quarterly profit.
Have suggested this will lead to a doubling of present share price to the $7 - $10 range.

Could well track higher before then.

TSX will be interesting tonight!
Hopefully showing some improvement for Anvil share price.
And hopefully boosted by an "all clear" Contract Review release.