AVO 0.00% $3.30 avoca resources limited

whooosh here goes gold again, page-5

  1. 710 Posts.
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    re: sunday times business There was certainly some action today building up to a frantic finish. The sp rose by 5cents in the last 10minutes and this indicates concerted buying.

    However the gold price is the problem.
    Having decisively broken below the USD615 barrier last Fri the next technical support is USD570-580 and the trend towards this is likely within 7-10days.
    All that aside, AVO is a sure fire 2007 winner and new orebody extensions are likely to be announced soon. I would expect this to be detailed about the same time as some corporate rearrangement/capital raising is released.

    Any sp price weakness related to the gold price should be seen as a buying opportunity imho.
 
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