Avion Gold Corp AVR.TO

Ticker AVR.TO (OTCQX - "AVGCF")
Current price is between $1.62 support ~$1.50
Market Cap 648.9M
Shares Out. 410.7M
Revenue (FYR) $108.3M
EPS $0.13

Shareholder Ownership

• 15% Sprott Asset Management
• 14% Sentry Investments
• 12% Fidelity Asset Management
• 8% Maple Leaf Partners
• 5% Van Eck Jr Gold ETF
• 3% Craton Capital
• 3% Carmignac Gestion
• 2% Management Directors
• 2% Natcan Investment Management
• 3% Regent Pacific
• 1% RBC Aseet Management
• 1% AGF Asset Management
• 1% BlackRock Asset Management
• 1% IA Clarington Investment
• 1% OppenheimerFunds Inc.
• 1% PI Financial Corp
• 1% US Global Asset Management

Why to buy?

Avion Gold Corp is gold producer in West Africa that holds 80% of the open pit mine and developing underground mine at both Tabakoto and Segala gold projects in Mali. 2010 Gold production was 87,631 ounces of gold. 2011 Gold production was 91,228 ounces of gold. Avion continues to progress towards its medium term goal of 200,000 ounces of gold per year and a longer term goal of organic growth through development of its exploration properties. Long term cost base of ~$560 per oz in 10 year plan. They are also cash flow positive and well financed.

Mineral Resources Estimate
                                                             Tonnes         Grade g/t         Ounces of Au
Proven & Probable (SP/OP)              2,611,000           2.90                  243,600
(1 to 2 g/t Au cut-off)

Proven & Probable (UG)                   4,630,000          4.50                   669,500
(2 g/t Au cut-off)

Measured & Indicated                       5,282,300          2.72                   486,800
(1 to 2 g/t Au cut-off)

Inferred                                            18,547,793          3.24                 1,932,633
(1 to 2 g/t Au cut-off)

Aggressive program to building shareholder value:

In early 2010 Avion acquired the adjacent Kenieba Property from Great Quest Metals Limited which added an inferred resource of 324,000 ounces of gold

In October of 2010 Avion acquired the 1,670km2 Hounde Property in Burkina Faso from Avocet. This property hosts at least eight gold zones and has added an indicated and inferred resource of 610,000 ounces of gold.

In December 2010 Avion acquired the Kofi Project by acquiring AXIM inc. African Goldfields Corp which added a total of 743,100 indicated and inferred ounces of gold.

Website: http://www.aviongoldcorp.com/

You are reminded that you are responsible for your own due diligence. We share in neither your profit nor your losses.