Argentina Mining - AVK

[mark100]

AVK listed a few weeks ago at 20c. Drilling for Copper in Argentina next month.

60m shares give a current market cap of approx $16m at the current share price of 27c.

There are also 25m options with a 20c exercise price.

They have $6m cash in the bank.

IGO took at 19.9% stake at the time of the IPO, paying 20c for their shares.

I'm having a small punt here, mainly because of the IGO connection.

[trackers]

Looks interesting Mark, like the leverage of the 20c 2015 oppies (last trade 12c)... Might see what the April drilling digs up

[drillfix]

Very hard to read any of the technicals on this stock of course except with Price being the key indicator atm.

Looks interesting though.