Congratulations to all longs!Wow, finally patience pays off again when one invests in value. I've accumulated over 2 milllion shares and am down over 10% until today. The delay in financing combined with the political unrest in Mali has been unnerving, yet the combination of Singer and the sheer value of Avnel helped me to persevere. I'm actually surprised the price was not higher but I'm not complaining, there's a lot of risk in developing Avnel, and now that risk will be significantly reduced in a large company with diversified assets like Endeavor. Couldn't be happier. About 80% of my wealth is invested in Kirkland Lake (KL.T), an amazing value with high grade in ultra safe jurisdictions and Avnel, my latest speculative swing for the fences bet. I will be selling at least half of my AVK, not sure exactly where i will redeploy, but will definitely put more into WAF. WAF has already caught a significant bid but it's another high grade monster that I think has a lot of upside. Own a little ORE, some people very bullish on this company, and will be looking at it more closely as well. Another company I like is TMAC, don't see huge upside, but they are starting to produce, have high grade, and essentially have already discovered another high grade deposit below their first mine....seems like another safe jurisdiction, long term value play if gold doesn't collapse.
Anyway, congrats again to all longs! If anyone lives in the bay area, I live in Palo .Alto, let me know and lets get a drink, exchange ideas. And anyone with some good investment ideas, please share, thanks.
Poet