RE:RE:RE:AVL used to be on TMX composite index 2010ishThe problem is there is not much revenue generated from this company, which creates more need for money. As mentioned there is lots of criteria to be listed on the composite index and company definitely has some worthwhile deposits. The problem being it takes lots of money to start up mines and get the revenue flowing. They basically have done "zilch" over the last year in getting a mine and producing some money. All the money raised goes to the management team and more share dilution.
It is worth checking out as this could lead to a double but the massive shares at this low price is not a good sign for a potential investor. The company should rollback the shares and get this trading higher then probably be able to get more financing.
I agree there are deposits but is a very risky play being under .10 cents.