AVB

Is there another Alan Bond around? My AVB has gone from near 2c to 11.5c on Friday within 2 months with just 2 good announcements - grade of copper (plus superficiality and thickness) and Vale induction payment. I feel quesy as I am reluctant to sell. Will that be a mistake, not to sell?

No, because only half the drilling results have been announced and only one area has been drilled. The other half has visible copper containing compounds; assay results available soon. The other anomaly within the same tenement and another nearby tenement have been assessed as having high grade copper in the soil/rock samples but yet to be drilled. These tenements are not far from the world biggest Fe ore mine. If Vale is committing itself to AVB, it must know something.

Will AVB go up higher? I have already made a real gain of nearly $2500 within one day by selling one parcel. But I spent it on buying its options which has nearly doubled in value in about 2 weeks.