ALL of those points are great thanks !! and after some thinking can I add some more pls?
1. GOLD precious metal credits. Given today's gold price, these are significant. The fact that gold is strangely never reported on by AVB now does not mean that it isn't there. Obviously they would assay for it. There are hints of it in various places in reports, especially the trenching samples at Serra Verde.
2. Underlying deep massive sulphides. AVB is confident that these are present beneath the supergene enrichment zone. Certainly at Antas South.
3. The possibility of a large IOCG structure being defined at Serra Verde.
4. When ground conditions allow access to Alagoana, I expect there will be anxiety to get over there and start exploring. I am enthused about what will be found at Alagoana... especially when good results are craved by the market.
5. AVB constantly refers to deals at an advanced stage. If these relate to more copper ground then they will represent further assets. Carajas ground.
6. Historically high copper price and reported supply-demand out of balance.
7. An ever-expanding shallow resource at Antas South
I know some of these are more in the Potential category, but they all have some value attached.
Personally I am not one to comment on the ups and downs of the avb SP.
Market sentiment is down overall, fanned by the saturation and depressing media disaster coverage (the media feeds off such things) ... but markets always go in cycles. When the public at large wearies of disaster coverage, as it did with the flood coverage, and given the unrest in the M.E. is quelled... life can get back to normality and markets to fundamentals.
So while a crystal ball would be good to help in buying at lowest and selling at highest etc, such is not to be.
I try not to be distracted from the main game and look tightly at what AVB has, what it might have and its Management quality... and everything else follows on from that... in time.
Internet snippet.... 28th Feb 2011 http://www.kitco.com/reports/KitcoNewsMarketNuggets20110228.html
Supply remains a supportive influence for global copper prices, says Richard C. Adkerson, president and chief executive officer of Freeport-McMoRan Copper & Gold. Copper recently hit record highs. The greatest risk to the market would be if demand should falter, Adkerson says at the BMO Capital Markets Global Metals and Mining Conference in Hollywood, Fla. The industry continues to struggle in terms of replacing depleting production from existing mines and developing new projects,he says. He later adds: Because of the challenges of geology and other factors, including community acceptance and working out deals with governments, the market continues to be strongly supported from a supply standpoint.
AVB Price at posting:
10.5¢ Sentiment: LT Buy Disclosure: Held