AVM 4.35% 2.2¢ advance metals limited

re: what a joke... Maybe we're being softened up for a takeover...

  1. 512 Posts.
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    re: what a joke... Maybe we're being softened up for a takeover bid - keep punching us and then offer $1.50 saying 'its such a great offer compared to current price' - when it should be $2 plus.

    The 5c per month trendline was abruptly terminated by a massive amount of volatility and we've emerged below the line.

    The price action should be interesting in late July - Bears worried about elections and the Bulls aware that Anvil's going to announce an absolute barn-stormer profit - plus some exploration results.

    If we think the rides been white knuckle to now its about to go through the corkscrew.

    By September we should be over the elections, demonstrated Anvils' making real money, reported some great exploration results and maybe reserve upgrades plus be getting progress updates on Dik U/G and Kins development. We won't be at 97c!

    Back to the deckchair + noise cancelling headphones. Need a new book though.
 
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