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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

Comment by cciissccooon Sep 22, 2024 1:29pm
187 Views
Post# 36235447

RE:RE:STOCK being dumped today..

RE:RE:STOCK being dumped today..Actually, there have been few good reasons why to contunue hanging in with Avalon. 

The first one would be the valuation of the propeprty that came out not so long time ago. 
Sooner or later someone will take advantage of the value of the Thunder Bay land and everything else that comes with it. Might not be under the name of Avalon but that kind of specific sites especially near water and with rail connection usually don't stay under tha radar for long time. 

Metso is another reason why, due to their deep involvement into the project, I don't think they want to fail. Probably it would cost them more time and money to move the whole project forward but this is a serious company. 

And the last thing would be the government participation. Even if they do a little that should reflect the SP right away. People are looking for any hope and the men in power should be leading the process.

Would the SP rise up to 1$? 
It might, just give it couple more years.
This is not the first time when it goes so low. 

Simply my opinion. Time will tell:)


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