Topic: How To Invest

Hello Pat. I just joined your Inner Circle, and I am amazed by the amount of detail in your remarks. I would like to know your opinion on Avalon Rare Metals.

Article Excerpt

Avalon Rare Metals, $1.53, symbol AVL on Toronto (Shares outstanding: 103.2 million; Market cap: $157.9 million; www.avalonraremetals.com), is a Canadian junior mineral exploration and development company. It is largely focused on rare earth elements. Rare earth elements go into a variety of modern devices and applications, including catalytic converters and petroleum refining; magnets in small and large motors; glass additives and glass polishing compounds; rechargeable batteries; television and computer screens; lighting; X-ray machines; and lasers. Avalon’s main asset is its 100%-owned Nechalacho rare earth element deposit. This project, located at Thor Lake in the Northwest Territories, is in an advanced stage of development. Avalon believes that Nechalacho is one of the highest quality undeveloped rare earth element deposits in the world. It hopes to bring a mine into production as early as 2015. The company also owns four other rare metals and minerals projects in Canada. Three of these, including one at Separation Rapids, near Kenora, Ontario, are at advanced…