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Avalon Advanced Materials Inc T.AVL

Alternate Symbol(s):  AVLNF

Metals & Mining Industrial Metals & Minerals
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

Avalon Advanced Materials Inc > 565 million shares outstanding
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Comment by E30S14on May 06, 2024 6:26pm
129 Views
Post# 36025910

RE:565 million shares outstanding

RE:565 million shares outstandingI've known about AVL, and have watched it from a distance for well over a decade now. I don't mean to be disrespectful, but I'm wondering how Avalon has a current market cap of around $40M while Commerce Resources has a market cap of around $21M.

Either way, I think it's fair to say that both companies have failed to generate any value for shareholders for a long long time.
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