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

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To: TP who wrote (1293)9/13/1999 3:19:00 PM
From: DRT   of 1474
 
The press release sounds weighted on the promotional side (Note: Nigeria is not for the risk intolerant, new OTCBB reporting requirements to be implemented may mean pink sheet trading if they can't comply, channel samples are no substitute for drill assays, etc.).

Point of clarification ... Sons of Gwalia is the dominant world supplier of Ta, no one will likely upset that apple cart unless they have a open pit mine with bonanza zones comparable in size and grade (525 g/t) to the Wodgina mine. That being said, its fair to say that any Ta produced in North America will find a market - the demand is predominantly U.S. and transportation costs and country risk are non issues with respect to Canadian supply sources (eg. TANCO, which still produces Ta from tailings).

DRT
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