GREY:AVGCF - Post by User
Comment by
JonEcashon Mar 23, 2010 4:12pm
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Post# 16915284
RE: Just the Beginning.
RE: Just the Beginning.Exactly. With continued drilling, additional resources will be defined. The result of which is an increase in the Company's NAV. Which means that AVR's share price will climb further to no longer be at a discounted multiple to industry peers. That 3.2x multiple mentioned months ago, low as it is, is probably even lower now.....
Managed to grab another 10K at
.69 today. I consider that pretty lucky since not too many were traded there. Buy the dips when gold is weak.
J$