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

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To: Flavio Volpe who wrote (559)3/5/1998 5:12:00 PM
From: RMF  Read Replies (1) of 1474
 
Flavio,
I think it might be a bit early to do calculations on Wolf Mountain. Certainly we're all hoping they have found something there, but the odds aren't that great on initial exploration of a new property.
But, with AVL we already have Separation Rapids which is a major major find in rare metals which have actually been rising in value rather than falling as copper, gold, etc. have been doing lately.
The latest drilling is looking for tantulum and cesium specifically which could add substantially to a deposit that could already be valued at a billion dollars.
Avalon is currently VERY undervalued based on what they've already established and if they hit something on Wolf or in exploratory drilling on Sep. Rap. then we'll all be spending a great deal of time in calculating what our AVL stock is worth.
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