OK we've had alot of shocks and this share cannot go down any further - proof trading this morning. You Can't Fool all the Investors all the time. Fear is good for those who want to get the ultimate steel on this share, so I can totally understand the wave after wave of shock tactics that have surrounded this share for about 18 months now. The sea defences have held up and guess what we're all getting back on our surf boards to ride this little beauty into the sunset. Solid Gold!
Price of Gold is quite important as it determines what the margin is going to be and then assuming your costs have been kept under control you should make a profit.So PoG will determine which gold is viable to mine currently and which has to be kept in inventory to be sold in the future. As the PoG goes up inventory can be converted into sales and profit. Riddler you are concentrating too much on Fear and not enough on Greed. My Greed antenna is still indicating to me that this Co is still a Cash generating winner. This Cash flow issue is just a bump in the road, so just keep the faith. All the savy investors who have been value investing on AVM, must feel that this share is at a level which in due course will make alot of people very rich. Buy when everyone else in fleeing in fear- W.Buffet!!
Yes AVM are stretched and OK this story fits into the realms of our worst imaginings, that our investment could be wiped out. I'm not selling yet we are on the cusp of a major leg up in PoG. It looks grim now but in 90 days time , the margin on AVMs gold will be back in the black. I'm sure this news is ruining everyones' bacon sandwich, but for some reason there are powers at play here who will buy your shares if you panic and dump - hey don't get fooled again. Keep the Faith.
I am getting the same feed from Goldsilver.com, I think this is credible analysis combined with other reports about market manipulation. The short contracts are huge and the market is moving against them , this will result in a damage limitation exercise over the next month = BUY BUY BUY . I'm not sure what the multiples are but Silver started 2013 at around $30 , so let's go for $50 this year . Seriously this precious metal has taken the biggest hit , so when it gets into the next buying bubble this is going to really fuel the value of Silver miner's stock. hallaluja !
This high leveraged , gamble undertaken by the big players has driven the Gold and Silver markets. With alot of people throwing their hands in the air saying 'Maninpulation is a total disgrace on the precious metal commodities markets' . Yes this does leave everybody feeling totally powerless, when you also see news of China and India buying tonnes of physical. Well it turns out that big financial institutions are just about ready to turn the tables on the market. Everyone knows Gold is going lower to below $1000 in 2014? Wrong the big players have finished their buying cycles an it's time to go LONG on Gold and Silver. From what i've seen from the analysts , Short positions are just about to be closed and the price of PM will no longer be locked down. This amazing turn around is imminent, and miners stock will increase many times over in 2014............enjoy the ride it's about time we were all vindicated for our faith! Enjoy the feeding frenzy , I am now fully invested just like JPMorgan!
Hey I've got a low boredom threshold, so really trying to analyse this RNS was never really going to happen. There are no period on period illustrations of output compared with average market price. Say What ! I need to see the bottom line and RPT are making sh*t loads of cash and hiding it for some reason. BoD just give us the honest black and white details of what you are doing to this company. I'm stuck but would rather take these shares to the grave than sell out at this level..............Charlatans!!
This is where I get my information, it's a good resource I think, although the site does sell physical so obviously only the positive is shown. Most of it is based on economic analysis and not on politicians highly fudged GDP and employment stats. Just google goldsilver, and your spirits will be lifted. Gold price is primed and will go up significantly. So as I said yesterday HOLD your stock and your nerve and roll with the punches. GLA
Don't even get me started on high leverage, gearing and the potential loss of the control of your business. l guess AVM have overstretched and now they are being gripped by financiers. Once a company is in debt , and their business becomes marginalised by the market of their product and unforeseen additional OpEx , that's when everyone gets on edge. Gold in the Ground = Money in the bank . Gold is the future and is the past , it's just hit a bump in the road - NO Worries - Keep the faith.
Where have all the shares gone ? No one wants to sell , No one wants to buy. The Board don't care, they just want all the profit for themselves. Breath some life back into this share and play it LONG , PROUD & STRONG. Make money for yourselves and for the shareholders, it' s a WIN/WIN ! Get Well Soon Schummie and thinking about you. GAS GAS GAS Step on it Brother.
Gold price will go up , cost of extraction will go down = profit. Profit = dividend. Don't give your shares away to people like Mckinhay, they think they are the vultures circlin the corpse of Avocet Mining. AVM is a pheonix and when it hatches again and flies high we will all remember this day when we said - ' The news of AVMs demise was over done!' Keep your shares and cash 'em in when the POG starts moving up , should be near $1400 oz in the next Q.
Call this a rounded observation from a greedy optimist. If you want upside on an investment the silver price is primed and ready to go up fast. It all comes down to physical supply lack of.......... I went looking for a Silver miner last week, and this looked lke a good recovery play. What's the downside, well obviously the market is controlled by the rich and powerful elite.But at some point the dam is gonna burst and all the normal capitalist basic economics will apply, it's gonna be BUY BUY BUY. Get in now while the water is jus warming up?
The crash happened, we're watching the recovery. Vital signs are good , if you love German racing drivers, now's the time to get into the MEX oil & gas field business. Pit stop good , new tyres, splash and dash strategy. Come on man keep off the brakes and drive this basket case onto a podium finish. Come on Schummie don't give up on me baby!!
Someones trying to get you to sell before the good news flow is turned on full bore, if you can still believe in Avocet's 'About' statement on their website, then hold your nerve: I will making a F*ck load of money on these shares, repeat x 10
This share will not improve until the Ukrainians have bought all the shares at rock bottom prices. Maybe then good news stories will be forth coming. Make sure you HOLD onto your shares and don't be tempted to sell out at these levels. This share is worth alot more than 15P. If we all HOLD maybe the BOD's tactics will have to change?