Club Mulgoa

Thursday, March 29, 2012

AVA

When you have a lot of greenstone in your geology, you will find gold. I attended a talk by AVA head some time ago and it appeared to have picked some choice tenements in Kenya where mining has not been a big source of income.

But lately, interest in Kenya has been fired up by oil discovery in the northwest by Tullows.

What I cannot understand is why AVA share price has been falling. Perhaps it is because of a lack of announcements. When I put a bid for it, just below its last closing price, I managed to pick up a small top up parcel this arvo at 10.5c. This is very near its trough for the year.

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