Post by
toppgunn on Feb 19, 2021 12:00pm
Yikees - exceeding my expectations
There 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.
Comment by
Lehighgulch on Feb 19, 2021 4:12pm
You have to like the play. Getting in during earliy days is a bit risky but with the Green New Deal being played out in US the timing maybe just right for investors with an appitite for risk and time to let it mature. Besides getting these minerals into production in friendly and safe juristictions will be key down the road. China and the DRC???