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Avalon Ventures > Message
Oizo

Re: $1.50?

Posted by: Quarx on August 19, 2008 10:50AM

In response to: Re: $1.50? by texswede

What is happening in the market at the moment could easily be posted on any other junior mining message board. It's not a Avalon-related problem, it's a sector problem.

The junior mining sector has been out of favour for a long time. Metals prices don't matter much. It's hardly important whether prices go for $10/oz or $50/oz.

What really matters is how quickly AVL can get it out of the ground. And don't forget that there is a huge consolidation taking place in the mining sector. If I were a major producer for example, I'd be looking for companies like AVL with great potential, but without the means to make things happen quickly.

Things take time. Whatever happens, downside risk is minimal from here.

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Executive Address
Avl-bubar-ea
Don Bubar
President and CEO
October 29, 2008

Don Bubar Goes "Beyond the Press Release" to discuss the recent news on the Thor Lake Project

View Broadcast