AVB 0.00% 16.5¢ avanco resources limited

Yeah 350 - on your comment "higher results were expected/hoped...

  1. 12,824 Posts.
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    Yeah 350 - on your comment "higher results were expected/hoped for...."

    That sums up exactly what is wrong with the price action of this stock (for holders). There are so many "johnny come lately's" holding that got in on the upswing last spring hoping for a repeat of 9m at 50% Cu.

    Maybe the company should do closely spaced infill drilling on the core of the HGZ on a monthly basis to keep them happy. I think not.

    There is nothing wrong with the latest results. Any extensions to the HGZ are good, these things are never giant. A highlight of 40m at 1.5% at Antas South is very good.

    Once all the bonanza speculators have given up or are shaken out, and this cyclic low on commodities bottoms out, I'll buy back in on this one for its longer term fundamentals.


 
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