Bullboard - Stock Discussion Forum Avalon Advanced Materials Inc T.AVL

Alternate Symbol(s): AVLNF

Metals & Mining Industrial Metals & Minerals

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... see more

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Avalon Advanced Materials Inc > Picked up a chunk today

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Post by toppgunn on Dec 01, 2020 6:21pm

Picked up a chunk today

I've been watching AVL the last month and decided to buy a position today. I'm normally not a buyer of penny stocks below a dollar but this has been listed as part of the TMX composite index back around 2012ish. I've had good success with former listed companies as there is lots of criteria to be part of that index. There can be lots of upside based on some of previous owned companies i.e. Aura Minerals.

It is worth a speculation play but would not bet the farm either. The volumes have impressed me as of late and reason took a position today.

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