Excellent news about the titles issue for Touquoy being put to bed and next comes the industrial permit then financing. The market as a whole is on life support so no reaction from the market place yet but our new asian investors will certainly be pleased and no doubt will continue to quietly accumulate whilst the market continues its slumber.
The future is looking very promising now that the major titles hurdle has been cleared and it would not surprise me if next years annual report shows 10 asian investors in the top 20.
The important thing to remember is the asians don't chase prices so they are loving the current market state as they can pick up plenty of stock in atv at bargain prices even as the touquoy project is getting derisked.
The time to get in is now if you haven't already got your position because the current morose state of the markets wont last forever and smart money is slowly but surely sucking up the overhang of atv stock that is getting dumped by impatient investors who have been completely demoralised by the comatose shareprice of all gold stocks.
If you have done your homework you will know how undervalued atv's shareprice is and the fundamentals for this stock have just been boosted hugely.
DYOR
ATV Price at posting:
2.6¢ Sentiment: Buy Disclosure: Held
