Now DIO has conceeded to the t/0 with AVO it seems the big boys...

Now DIO has conceeded to the t/0 with AVO it seems the big boys are having a breather. SP has drifted lower in line with the falling POG and the DIO SP is following.

The main concern brokers have expressed to me about AVO is that AVO lacks significant future reserves. Most agree that it is a well run and profitable company with sufficient finances, but the lack of future reserves has undermined its SP.

With the DIO merger, the problem of reserves and potential reserves has been largely removed, and it may be that AVO's next target will be for companies like IGR who have reserves but lack finance and plants in the same localle.

Pala investments who are the most significant holders in AVO have recently taken a position in IGR so the stage may already be set.

AVO is on the way to becomming a heavyweight player.
All we need now is the POG to rise.

I have increased by holding in AVO today buying @ $1.64 cents.

Angers