Proactive Investors Forum: AZX AVA

There were 5 miners presenting; I have shares in AZX and AVA. These are the two I would buy.

MOL has problem raising capital. I have bought and sold MOL in the past; on each occasion I made a small profit but always sold just too early before a significant announcement. It has too many variables.
Share River is good with its manganese story.
Triton has tenements near Tropicana deposit.

AVA has a revival in its coal interest in Botswana because an Indian company has shown interest in a neighbouring coal deposit and willing to pay a lot for it. The problem is a lack of rail transport for bulk commodity and a good port. So AVA has already written off the value of their coal discovery. If more coal is uncovered in that region and a railway track is built, together with a port, then that coal will be very valuable. AVA is itching to sell that coal off as it cannot control the timetable for building the infrastructure.

However, the Kenyan greenstone belt is the jewel now. Lots more gold and base metals are uncovered.... with good surrounding infrastructure. Even his Blackberry works. I like this company.

And AZX is still one of the cheapest when you calculate the EV/oz Au value. That was the reason why I bought it in the first place. And it is expected to uncover a lot more. And it is near Coolgardie. That is in Australia WA :-)