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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

Post by toppgunnon Feb 19, 2021 12:00pm
414 Views
Post# 32610114

Yikees - exceeding my expectations

Yikees - exceeding my expectationsThere has definitely been some positive news releases for AVL as of late.  The acquisition of the closed mining sites with a revenue sources sounds good, plus site hosts rare earth metals that can be processed. It is minimal information in regards to the the type of revenue generated and former company as listed as a numbered corporation.  The 16 million dollar cost in either shares or money exchange over the next couple of years needs more interpretation, but will probably know more in future news releases.  Cautiously optimistic and look forward to their year end results next week.  As mentioned like AVL as being part of the TMX composite index back in 2011 as strict requirements to list.  All the easy financing was done at that time which advanced projects significantly and just have to use the fruits of that labour to use in todays environment. Definitely some high risk but can be high rewards going forward.   
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