Rentian drill results soon???From SEDAR, MD & A May 2, 2011
"12 drill holes were completed on the Rentian property in Q1 and Q2, 2011 and those
results will determine continuation of the transaction. There are several other vanadium projects in this area
that are also under evaluation by VanSpar with the objective of possible consolidation into VanSapr to
create one of China’s biggest vanadium producers."
I don't know if the above was mentioned before, but I was quite impressed by this while completing my due diligence. The only issue -- and it's a big one -- is financing to aquire the vanadium properties and then to explore and develop them. I hope nothing is carried out at the current levels.
But hopefully with Osisko drilling the Atikokan project and results from the above 12 holes due sometime soon, there will be a good news flow over the summer to get the share price moving upwards.
Can anyone clarify how profitable or how much revenue the uranium and germanium operations are?