AVB avanco resources limited

waiting for avb-sir moment , page-8

  1. 4,672 Posts.
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    You are wishful thinkers expecting this to be a mine one day. There are a thousand stories of small Aussie speccies that think they have a great deposit but they have alled whithered on the vine of the ASX after years of muddling along. In my opinion, AVB will be another.
    Management may have the intent, but they don't have the collective track record of bringing a mine on line and so this remains a giant leap of faith in which to invest. It is no sure thing. The true believers should stop posting as though this is the next big thing - and accept it is just a speculative punt (not that there is anything wrong with that). But in my opinion, it won't ever produce a mine. If I were touching this one, I would do so with my eyes wide open...and only with money I can afford to lose.

    Oh...and I note the share is trading at half the price it was 2 years when those lucky sods sold out at prices 15c and higher.

    Good luck to the punters
 
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