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Gold/Mining/Energy : AVL.V - AVALON VENTURES -- Ignore unavailable to you. Want to Upgrade?

To: RMF who wrote (584)	3/12/1998 1:18:00 AM
From: Tico	Read Replies (1) \| Respond to of 1474

News Releases, early next week! My sources tell me that there will be separate news releases on Wolf Mountain & Separation Rapids. Avalon from now on wants to distinguish between the two projects as they increase in their importance to the company. Also next week, will be a new market research report. I do not know the specifics, but I am told that cash flow projections on the Big Whopper are higher. In general the economics continue to look better an better like DRT said in a previous post. So why the delay on the NRs? Remember Avalon is, for now, a very small company. Lately, they have been directing their efforts towards preparing for their first spotlight PDAC. Avalon seemed to be very well received at the PDAC. Don spoke in front of approximately 800 people in his talk on the Separation Rapids. The Northern Miner article is seen by Avalon as a significant leap forward to getting the company more exposure. So why the flat stock price? Remember we are talking about a resource company traded on the VSE, not exactly the most popular industry and stock exchange at the moment. Also, as was already mentioned in this forum the specifics on the drilling sites require an extensive geological background to make heads from tails. This also has the effect of making investors shy away from Avalon towards a more "comfortable" choice. Keep the faith, Avalon will soon be realized.