Welcome To The Avion Resources Corp HUB On AGORACOM

Avion holds 80% of the Tabakoto and Segala gold projects in Mali. Gold production commenced at these projects in 2009 with approximately 51,290 ounces produced. 2010 production was 87,630 ounces of gold.

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Message: Re: Value in West Africa

Aug 03, 2010 08:09AM

They will be increasing the output of their mill to 4000tpd by Q3 or Q4 I believe. I expect them to produce around 150k oz in 2011 and 200k by 2012. They will be mining the high grade Dioulafoundou zone and that should bring their cash cost down considerably. This or next week we should get July production numbers + Q2 results by thursday Aug. 26

As of today our market cap is $185mil, 420mil outstanding shares, 3.65mil oz au reserves and growing. If you can find another 80,000oz au annual producer going to 150k oz next year with $185mil market cap please let me know :) Trading at infrastructure cost and below the .60 bought deal price. Canaccord $1.30 target price.

Interesting update here:

http://www.ob-research.com/sites/default/files/Company_Updates_Aug_3_2010.pdf


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