AVO 0.00% $3.30 avoca resources limited

no takeover yet

  1. 203 Posts.
    Big Fella

    If someone wants to take a shot at AVO they are missing their chance. AVO's sp merely refelects a sector wide gold stocks advance apparent worldwide as shown by the US HUI. The time to take over AVO is very shortly otherwise its going to get too expensive. This leg of the advance should take AVO, imo, to the A$3.25 to A$3.50 area, which values the company reasonably given high ops costs and a rising A$ which partially counterbalances gains in the gold price. AVO has plenty of blue sky potential to factor in and a very good exploration team.
 
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