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Vantex Resources Ltd V.VAX

Alternate Symbol(s):  VANTF

Vantex Resources Ltd. is a Canada-based company engaged in acquiring, exploring, appraising and developing mining mineral properties. The Company's projects include the Galloway project, Renault Bay property, Lac Bousquet property, and Lac Fortune. The Galloway Project includes mining properties, such as Hurd, Ogima Nord, Sandborn, Perron, Francoeur, Cadillac Rang III, Renault Bay and Lac Fortune Ouest, all located in Dasserat Township, Abitibi. This Project has the potential for the development of open-pit gold deposits. The Renault Bay Property is located approximately 2.5 kilometers north of the Galloway shaft. The Lac Bousquet Property is in the Abitibi region of the province of Quebec, approximately 30 kilometers west of Rouyn-Noranda. The property consists of two claim blocks totaling 70 claims covering approximately 1,515.55 hectares. The Company holds the mining rights of the Lac Fortune Property, which comprises over 17 claims.


TSXV:VAX - Post by User

Bullboard Posts
Comment by Jentaion Jan 14, 2011 10:52am
223 Views
Post# 17972069

RE: RE: The trend...

RE: RE: The trend...
It is expected that the recent goldtrend (going lower) is to continue. Some analysts are predicting a seious correction prior to the end of this first quarter as interest rates are expected to rise and the US economy is "improving". Smart money is starting to sit on the side right now, Expect some serious volatility...  I do not like it but I have to live with it.
Bullboard Posts