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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 > Will AVL hold the financing price of .18?
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Post by toppgunn on Mar 05, 2021 12:30pm

Will AVL hold the financing price of .18?

The overall markets have been a sea of red this week.  Will AVL continue to trade above the recent .18 financing price or continue to fizzle?  There is lots of volume over the last few months despite high share float.  If AVL wants to succeed this is the time frame as most bullish for lithium over the last decade.  Kudos to everyone who took profits in the 30's.  That said, may be one more kick at the can going forward, even though markets have been messy this week.
Comment by diamondon on Mar 05, 2021 12:55pm
I thought about selling but held. Too much positives for AVL to sell. I believe its not worth selling and missing out when the price gaps up to over 30. Bought more yesterday at 20.5 and will keep adding if it goes lower.
Comment by toppgunn on Mar 05, 2021 1:10pm
Agree, with your comments as held and never took any profits yet as can risk more downside.  Basically holding at this is the most bullish this company has been since 2012ish with their lithium project.  Plus being listed as a former TMX composite company back in 2011 ish there has been signficant financing of their projects when money was readily available i.e. around 100 million ...more  
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