Avalon Advanced Materials Inc.

The Nechalacho Project is the most advanced large heavy rare earth development project in the world outside China.
in response to van's message

Of course Molycorp is interested in this play, they don't have enough REE and HREE for world demand and USA doesn't want to be depended on China, just wait for PFS in about 2 weeks, sp will rise until that day and then we will see if there will be take over offer, I just found some great post from SH Board about possible 10 Bagger stock. Also they have 2nd largest deposit in the world and the largest out of China. Here is post:

Insitu deposit value is now at $55 Billion , based on 175M tonnes at $22 per kg. Tremendous results even considering that the new high grade discovery holes have not been incorporated into this resource calculation!

In my opinion this stock, with the release of a positive PFS (which btw is out in two more weeks) should be worth 5% of the insitu value of the deposit...which would translate into a $2.75B market cap and $34 per share.

What's the old saying about the early bird?
Hang on to your shares this will break up very soon.
GLTA
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Avalon Advanced Materials Inc.
Symbol
AVL
Exchange
TSX
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Metals & Minerals
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