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Avalon Advanced Materials Inc T.AVL

Alternate Symbol(s):  AVLNF

Avalon Advanced Materials Inc. is a Canadian-advanced manufacturing company focused on vertically integrating the Ontario lithium supply chain. Its Lake Superior Lithium Project is in the City of Thunder Bay, Ontario. Lake Superior Lithium Project is located between northern Ontario’s lithium deposits and southern EV battery plants. Through its joint venture with SCR-Sibelco NV, it is developing its Separation Rapids lithium deposit near Kenora, ON, while also continuing to advance the Snowbank lithium and Lilypad lithium-caesium projects. It is also working to develop its Nechalacho rare earths and zirconium project located in the Northwest Territories. This deposit contains critical minerals for use in advanced technologies in the communications and defense industries, among other sectors. Its East Kemptville Tin-Indium Project is located 55 kilometers northeast of Yarmouth, Nova Scotia, Canada. Nechalacho Rare Earth Elements Project is located at Thor Lake, Northwest Territories.


TSX:AVL - Post by User

Post by toppgunnon Nov 20, 2022 10:50am
365 Views
Post# 35113684

AVL always retraces back to .10 to .13 range!!!

AVL always retraces back to .10 to .13 range!!!AVL has always retraced back to the .10 to .13 range over the last few years.  There has been moments where surged to the .15 to .20 range only to trend back to near a dime.  My propenent this stock needs to fine a new home e.g. .20 or .30 when it retraces.  That said, not convinced to purchase this stock if it moves back to the .15 plus range.  Just shows there is real no substance to AVL apart from pump and dumps.  With all that said, totally a speculative play and reason for small position.  Would not surprise me at all this gets a rollback of 10:1 or 50:1 going forward, which would be a good thing in my opinion.  Then perhaps can get a good financing which is definitely required to move this company ahead.  
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