Red Chip Featured Company: Avalon Ventures Ltd. (AVL.TO)
Avalon Ventures Ltd. (AVL.TO) is a Canadian company focused on the exploration and development of rare metals and minerals. The demand for metals such as lithium, beryllium, indium, gallium, along with rare minerals like calcium feldspar and rare earth elements (REE), is increasing for both technology and environmental applications. At this time, Avalon owns a 100% stake in five rare metal and mineral projects in Canada. The East Kemptville Project in Yarmouth County, Nova Scotia, covers a 7,680 acre area. In 2007, the company hired Hudgtec Consulting to perform a detailed compilation of historical data on the area. Avalon is…