Institutions have, it seems, revalued Anvil as a buy below 85 cents.
When Q Report is released they usually back off. Meaning without institutional buying share price could drift.
There are however emerging items of interest - the basis of the tilting point.
From previous posts ---
Canadian investors appear to be increasingly interested and price push could be emerging.
Anvil profits have not only increased but increasing profits can be reasonably projected.
The "company mass" is increasing as mines open, more mines on the way, proven resources increase.
The financial security (read risk factor) has improved considerably taking Anvil out of the speculative category. (Still a "Congo Fear-ver" factor but this is diminishing.)
Bill Turner is exposing more investment groups to the positives of Anvil. Previous efforts of this manner have not been of any impact. However times have changes and a tilting point is now in place.
Whatever.
If not before - late April should see a strengthening of Anvil share price.
Close to or about $1.00 would not surprise.
AVM Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
