AVL.V - AVALON VENTURES Message Board

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Gold/Mining/Energy : AVL.V - AVALON VENTURES

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To: D McP. who wrote (1271)	7/8/1999 12:02:00 PM
From: Elizabeth Andrews	Read Replies (1) of 1474

The news release was long and I thought complicated to the point where I forgot what the point was. I guess they might have too. The most important thing is that they have a serious player who may give them an order. Finding a market to enter in these industrial minerals is more difficult than finding the deposit it would seem. The most recent numbers appear to be higher than anything previously published, especially the capital cost. I wonder what we really get for the C$6 million final feasibility and bulk sample. That seems very high to me and I think that could use some clarification. I still own this dog and I actually averaged down awhile ago. That's looking smarter than my first purchase at C$2 bucks. And, the exchange rate has move about 7 point against me in addition. Oh well, I've learned somethiong about a different part of the mining business. The education is getting expensive, however.

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