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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
Post by wildman2on Jul 29, 2011 1:28pm
498 Views
Post# 18888020

McEwen still positive on VAX

McEwen still positive on VAXI have to tell you that I thought that McEwen had abandoned this play.  With the stock going from .62 to .16, I just assumed McEwen was one of the many sellers here.

That this man who many follow the steps of in the market is still VAX positive is very positive for all of us.

Here's the release from stockwatch.com

ROBERT MCEWEN FILES EARLY WARNING REPORT IN CONNECTION WITH EXERCISE OF WARRANTS IN VANTEX RESOURCES INC.

Robert R. McEwen has acquired, by the exercise of 1.5 million warrants of Vantex Resources Inc. at an exercise price of 15 cents per warrant, 1.5 million common shares of Vantex. The shares acquired pursuant to the transaction represent approximately 2.48 per cent of the issued and outstanding common shares of Vantex. The common shares were issued from Vantex's treasury.

Bullboard Posts