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Bullboard - Stock Discussion Forum 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... see more

TSX:AVL - Post Discussion

Avalon Advanced Materials Inc > Yikees - exceeding my expectations
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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???
Comment by cciissccoo on Feb 20, 2021 8:05pm
So many things happening at the same time in favour of Avalon - Chinese plans to curb the REE export, Biden's ambitious green plan, Canadian Government positive response to be part of the game, Don Bubar takes the initiative to get the company where it should be.  Despite, Mr. Bubar being critisized a lot by shareholders we should not forget that he also owns a lot of shares (in the ...more