Hi NK nice to see you understand the big picture, not many investors have a clue and the plan all alone has been to consolidate all the gold assets in Nova Scotia and Acadian being in dire straits is no surprise and a perfect set up for ATV to acquire when the time is right. Wally and co are not stupid and fully understand the big picture and patience will win the race even if it is like chinese water torture at the moment.
The Asians have enormous patience and take a big picture view, your average Australasian investor wont hang in there to reap the rewards and shareprice action of recent times illustrates that all the short term investors have abandoned ship or will abandon ship soon as their patience runs out.
With the enormous physical buying of gold going on the next step once Asian investors can't get there hands on physical gold will be to buy the companies that have gold in the ground that realistically can be brought into production and ATV will be one of those companies that they will look closely at and these new atv top 20 asian investors are the early birds of this changing mindset which in my opinion will grow and the trickle of Asian investors in quality Australian junior gold stocks will over time grow to become a substantial force in the market.
In the current toxic market environment they can quietly accumulate stock and wont chase it higher themselves but will still keep buying as the price rises, buying on pull backs or taking any large volume that appears.
DYOR and relax, gold will consolidate for a while but in due course will continue marching higher as the western governments print money and the east buys all the gold it can get its hands on.
ATV Price at posting:
2.8¢ Sentiment: Buy Disclosure: Held
