Friday, May 13, 2016 5:25:01 PM
AVK.TO/AVNZF - new pick....
..Avnel Gold. will keep my comments limited to fact you should view the presentation for this permitted, DFS advanced gold project in Mali which is basically now the best investable gold open pit in Western Africa now that Fekola (B2 Gold), Yaoure (Perseus), Natougou (Semafo) have been acquired with other best project Hounde owned by Endeavour. Best single asset gold Junior in West Africa, lots of volume recently, but has not participated in rally to date.
Would be a lot higher now if it was more widely owned but core hedge fund Elliot Group owns 65%
http://www.avnelgold.com/wp-content/uploads/IR/AVK-Investor-Presentation.pdf
If you interest is piqued you should read the SA article below, as well as the comments at the end that confirm the public shareholder float is only 15% with 85% held by funds, Elliot Group (65% of that 85%) and the CEO who owns 10%.
\There is also a SA Pro article out by Interant if anyone can post highlights he is "not getting behind Anvel" and I would be curious why.
http://seekingalpha.com/article/3781846-avnel-gold-mining-robust-economics-transformatic-catalysts-will-propel-shares-higher-2016
..Avnel Gold. will keep my comments limited to fact you should view the presentation for this permitted, DFS advanced gold project in Mali which is basically now the best investable gold open pit in Western Africa now that Fekola (B2 Gold), Yaoure (Perseus), Natougou (Semafo) have been acquired with other best project Hounde owned by Endeavour. Best single asset gold Junior in West Africa, lots of volume recently, but has not participated in rally to date.
Would be a lot higher now if it was more widely owned but core hedge fund Elliot Group owns 65%
http://www.avnelgold.com/wp-content/uploads/IR/AVK-Investor-Presentation.pdf
If you interest is piqued you should read the SA article below, as well as the comments at the end that confirm the public shareholder float is only 15% with 85% held by funds, Elliot Group (65% of that 85%) and the CEO who owns 10%.
\There is also a SA Pro article out by Interant if anyone can post highlights he is "not getting behind Anvel" and I would be curious why.
http://seekingalpha.com/article/3781846-avnel-gold-mining-robust-economics-transformatic-catalysts-will-propel-shares-higher-2016
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