Building a War ChestThis is Great News!! $VERT is building up a war chest of properties and claims which will bode well for the companies valuation and future buyout by a Major Producer!! VERT is the only Publically traded Wollastonite company on the market, in order to maintain that status it is scooping up all of the High Grade potential claims in Quebec...I won't be surprised if we don't hear of others in Canada, North America, South America or even Europe wanting to join the VERT team thru optioning their properties!!
Remember we are limited to 100,000 tonnes at St-Onge per year with the potential of dialing that up to 300,000 tonnes a year, once approved by the Quebec Govt...that is still not enough to feed the needs of the Agriculture sector of North America (1.5 acres of land requires 1 tonne of Wollastonite). How do you add growth? Buy more properties and claims and get quarry licenses for those too, to increase yearly production. You can't claim to be a leader in the sector if you are limited to 300,000 tonnes! This is strategic and all of us investors should be praising them for picking these properties/claims up for very little money up front. Can't wait for the Spring...we should start seeing P.O.'s filled late February for Spring applications. (Traditional Crop Farmers, Indoor Hot Houses, Indoor Grow Ops, Outdoor Hemp growers, Maple Syrup Producers, Shrub/Tree farms, Oil/Gas Sector (reclamation C02 Sequestration) etc.)
Vortex