Advent Convertible and Income Fund T.AVK

Primary Symbol: AVK

Advent Convertible and Income Fund (the Fund) is a diversified closed-end management investment company. The Fund’s investment objective is to provide total return through a combination of capital appreciation and current income. The Fund will invest at least 80% of its managed assets in a diversified portfolio of convertible securities and non-convertible income securities. The Fund will invest at least 30% of its managed assets in convertible securities and up to 70% of its managed assets in non-convertible income securities. The Fund may invest without limitation in securities of foreign issuers. Fund invests in various sectors, such as technology, financial, communications, energy, basic materials and other. The investment advisor of the Fund is Advent Capital Management, LLC.

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Advent Convertible and Income Fund > Avi Gilburt - Gold Mining Bull

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Comment by gold_diggers1on Sep 09, 2016 9:21am

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Post# 25221215

RE:Avi Gilburt - Gold Mining Bull

harleyonvacatio wrote:
There you have it - its a buy buy buy

Avnel Gold (OTC:AVNZF): I bought shares of Avnel Gold at $.273, and it now makes up about 2% of my portfolio. Avnel is developing its 80%-owned Kalana Main Project in West Africa, which contains 2 million ounces of gold reserves at 2.8 g/t.

I was drawn to the robust economics of this project - according to a feasibility study, Kalana Main carries a net present value of $257 million (5% discount) at $1,200 gold prices; the study projects a low all-in sustaining cost of just $595 per ounce over the first five years of production and $784 per ounce over the life of the mine. The company is currently looking to obtain financing for construction of the mine.

The stock also looks cheap compared to the economics of Kalana Main - Avnel only carries a market cap of $97 million compared to the $257 million in value of the project, according to its feasibility study. I'll be covering Avnel Gold in more detail once I launch my blog Gold Mining Bull this week, so stay tuned for further coverage.

Oh yeah? Now, go to convince Canaccord not to sell then?! Repeated sell orders have been placed........
.

Market By Price

Bids
Time of Order	Size	Price
03:25:03	3,500	0.2850
03:25:03	28,500	0.2800
08:15:41	10,000	0.2750
03:25:03	13,000	0.2700
03:25:03	15,000	0.2650
03:25:03	35,000	0.2600

Asks
Price	Size	Time of Order
0.2900	70,500	03:30:03
0.2950	69,000	09:14:34
0.3000	25,500	03:30:03
0.3100	162,000	03:25:03
0.3150	58,500	03:30:03
0.3200	41,500	03:25:03

Market By Order

Bids
Time of Order	Broker Name	Size	Price
03:25:03	TD Securities Inc.	3,500	0.2850
03:25:03	TD Securities Inc.	5,000	0.2800
03:25:03	Questrade Inc.	11,000	0.2800
07:01:07	Anonymous	9,000	0.2800
08:09:09	Anonymous	2,000	0.2800
10:23:40	TD Securities Inc.	1,500	0.2800
08:15:41	Scotia Capital Inc.	10,000	0.2750
03:25:03	Qtrade Securities Inc.	5,000	0.2700
03:29:03	Scotia Capital Inc.	3,000	0.2700
07:24:14	TD Securities Inc.	5,000	0.2700
03:25:03	CIBC World Markets Inc.	13,000	0.2650
08:30:14	W.D. Latimer Co. Ltd.	2,000	0.2650
03:25:03	TD Securities Inc.	5,000	0.2600
07:24:14	TD Securities Inc.	30,000	0.2600

Asks
Price	Size	Broker Name	Time of Order
0.2900	70,500	Canaccord Capital Corp.	03:30:03
0.2950	69,000	Canaccord Capital Corp.	09:14:34
0.3000	500	Anonymous	03:30:03
0.3000	25,000	Canaccord Capital Corp.	09:05:12
0.3100	83,000	Canaccord Capital Corp.	03:30:03
0.3100	79,000	Anonymous	03:25:03
0.3150	1,000	Anonymous	03:30:03
0.3150	57,500	Other	07:30:20
0.3200	28,500	Anonymous	03:25:03
0.3200	1,000	Anonymous	03:30:03
0.3200	2,000	Scotia Capital Inc.	03:25:03
0.3200	10,000	Scotia Capital Inc.	03:30:03