Having followed AVQ for years the big issue is the San Jorge resource. It is too low grade to be economic as a direct shipping operation. It always has been. Plus they started mining without a properly defined JORC Resource. No one does that. Now it is all coming back to bite them. They have other political issues but the bottom line is they will not be able to mine and make money. For the last year it has been on a one way ride to the obvious conclusion.
AVQ Price at posting:
2.5¢ Sentiment: Sell Disclosure: Not Held
