AVL.V - AVALON VENTURES Message Board

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

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To: hank2010 who wrote (1410)	11/16/2000 11:35:13 PM
From: Elizabeth Andrews	Read Replies (1) of 1474

The width is not a huge problem as the analysis is grade over width. Clearly narrow width has to have high values to make it. Additionally, the dip and continuity of the minerlized structure are important. Check out Meridian Gold's Chilean property that many analysts rave about. That structure is less than one meter wide and averages 15 grams gold per tonne and it makes money. If Avalon's surface grades hold up on a structure that is less than 1/2 a meter thick it will be economic. It's hard to say because I haven't seen the assay sheet but it could be that this small structure could be equivalent to 75 grams af gold or about US$600 per tonne. That should be mineable. The tragedy is that the company worked itself into a financial problem due to the fact that it did not want partners on other properties and did not plan an exit path. They sold Lily pad for a song. ribbit.

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