Peter Imhof from Sprott- STRONG BUY

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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Peter Imhof from Sprott- STRONG BUY

posted on Mar 29, 2011 04:41PM

Peter Imhof from Sprott Mgmt has Avion Gold Corp as a STRONG BUY at $1.65, this is what he has to say about it:

Just reported 26,000 ounces last quarter. Came out with $0.05 in earnings, annualized is $0.20 with the stock at $1.65. Very low multiple for a gold company. Grades are getting better and he is looking for about 100,000 ounces this year growing to 200,000 next year.