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Avalon Advanced Materials Inc T.AVL

Alternate Symbol(s):  AVLNF

Avalon Advanced Materials Inc. is a Canada-based mineral development company, which is focused on vertically integrating the Ontario lithium supply chain. The Company’s projects include East Kemptville Tin, Lilypad Cesium, Nechalacho Rare Earth Elements (REE), Separation Rapids Lithium and Warren Township Feldspar. The East Kemptville Tin-Indium Project is located approximately 45 kilometers (km) northeast of Yarmouth, Nova Scotia. The Lilypad Cesium-Tantalum Property consists of 14 claims totaling 3,108 hectares covering a field of cesium, tantalum and lithium-rich granitic pegmatites. The Nechalacho REE Property is located at Thor Lake, Northwest Territories. The Warren Township Anorthosite Project is an advanced specialty industrial minerals development opportunity located 100 km west of Timmins, Ontario in the Porcupine Mining Division. The property is located near road and rail infrastructure and is close to markets in southern Ontario and the northeastern United States.


TSX:AVL - Post by User

Comment by toppgunnon Feb 11, 2021 1:29pm
405 Views
Post# 32542263

RE:RE:Vote

RE:RE:VoteI agree mining is a long haul venture.  Unfortunately, if nothing gets moved ahead start to lose investors quickly and company becomes a "no go" for financing.  AVL has been 25 -30 years with no development of a revenue source.  Sometimes the only way to move a company forward is an amalgamation with another company, new management team, restructuring of the company.  There is no doubt AVL has a potential resource to develop a lithium mine but nothing has happened for a long time to get it developed.  

My experience companies can stay low for a long time for a reason unless as mentioned a drastic change occurs as mentioned - new people, amalgamation or restructuring of company.  

Still holding and targeting a slightly higher price i.e. .35 to .50 as lithium has gained momentum over the last year, but AVL may ever come to fruition.  I've seen many companies that have been in the cellar even despite positive mining outlook but never get anywhere until a big change occurs. 
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