Feasibility Study Delays Cause Avalon Shares to Drop
Reuters reported that Avalon Rare Metals' (TSX:AVL) share prices fell after the company announced a delay to its Nechalacho feasibility study.
Reuters reported that Avalon Rare Metals' (TSX:AVL) share prices fell after the company announced a delay to its Nechalacho feasibility study.
Reuters reported that Avalon Rare Metals' (TSX:AVL) Nechalacho project in the Northwest Territories could be delayed.
Mining Weekly reported that Avalon Rare Metals (TSX:AVL) is negotiating the purchase of US land to build a rare earth separation facility.
With rare earth prices falling alongside company share prices many rare earth companies are highlighting their heavy rare earth deposits which are of higher value.
The Paragon Report released research on Quest Rare Minerals Limited (TSXV:QRM,AMEX:QRM) and Avalon Rare Metals (TSX:AVL,AMEX:AVL).
At the halfway point, 2010 has not been kind to junior rare earth companies, many of which have watched their stock prices fall. But, with China restricting exports interest in developing new resources is growing.
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