Club Mulgoa

Saturday, October 09, 2010

AVB Prospectus from 2007

http://www.avancoresources.com/pdfs/ProspectusWithApplicationForm09Nov07.pdf

I just read the prospectus... only the first few pages. You wonder why Vale does not just take over this company. And why no one in Brazil took this company's tenements?

Normally, there is risk with exploration with any budding miner. But just look at known grades in the prospectus of the various sites. How could anyone have missed this AVB in the past? And now you understand why it is a 'ten bagger'. And going higher. Remember, SFR was worth only a few cents not that long ago.

Last Wednesday, I could only afford a smaller top up since the price has gone up and AVBOB provided better value for money than AVB.

0 Comments:

Post a Comment

<< Home