Bill is rock solid. He lets the results do the speaking. Talking up the market - or even indicating progress in biased/positive manner - is not the way.
Institutions are well aware of progress. They have "spoken" by buying - pushing price to high 40's cents, based on last quarter progress. Private buyers and latecomers keeping the price moving - slightly - on low turnover. To over 50 cents now. But shaky.
The institutions are averse to speculative risk - any risk. Consequently they wait to see the proof. Actual profits. NOT probable profits.
As have posted before --
Expect Anvil share price to move to over 70 cents during the next three months.
Could well do so in a reasonably steady manner.
Am expecting institutional push of share price early to mid October. At this time over 70 cents should be a walkover.
After this more positives to come. Commencement of Kulumaziba mining operation. Essay results from exploratory drilling and company analysis of those results. Should be very positive.
$1.00 by early 2006? Still my anticipation.
No use for Bill Turner to be talking up share price now. Market will re-rate Anvil when the proof is out there. That is the way!
Cheers,
NT
AVM Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
