Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Sam who wrote (601)	3/16/1998 12:32:00 AM
From: Tico	Respond to of 1474

True Sam, but just think what positive results from Wolf Mountain can do considering the current news on PLT & PLD that DRT speaks of. With likely two news releases pending we're on the edge of our seats.

To: Sam who wrote (601)	3/16/1998 9:59:00 AM
From: DRT	Read Replies (1) \| Respond to of 1474

I have wondered that myself, but I decided to continue to post these articles because I believe that we should all be on a level playing field when it comes to relevant information. Why scramble around to determine the market potential of a particular commodity after the news it out! Just my opinion, but I see the horse and cart are in the right position. Consider the following: 1. Wolf Mt. (the cart) - the vendor has a proven track record - trenching/shallow pits indicated PGMs at surface - AVL immediately increased it's land position to over 30,000 acres - management's decision to winter drill at the same time as the Big Whopper Phase II infill/exploration drilling - the 'initial' assays are pending 2. Market for PGMs (the horse) - current demand > supply - increasing demand for PGMs in auto industry/reduces emissions - Russian supply uncertainties (platinum stockpiles may be exhausted) - production are new and existing PGM mines will have to increase significantly over the next few years to meet demand shortfalls Lets hope the drill results provide some indication that its the right cart for the horse. P.S. 30,000 acres gives AVL a lot of cart to work with. DRT