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Voyageur Pharmaceuticals Ltd V.VM

Alternate Symbol(s):  VYYRF

Voyageur Pharmaceuticals Ltd. is a Canadian company, which develops barium, iodine and carbon active pharmaceutical ingredients. The Company is focused on producing its own barium, iodine and fullerene minerals. The Company, through its subsidiaries, Voyageur Industrial Minerals Ltd. and Voyageur Minerals Inc., is engaged in acquiring, exploring and developing raw materials for pharmaceutical products, primarily in the province of British Columbia, Canada and the state of Utah, United States. Its properties include Jubilee Mountain, Falcon and Paradox Basin. It owns a 100% interest in two barium sulphate (barite) projects, including the Frances Creek and Pedley Mountain property. It holds interests in a high-grade iodine, lithium, and bromine brine project situated in Utah, United States. It owns a 100% interest in two battery mineral projects that is focused on copper/zinc development. Its pipeline products include SmoothX 2.0%, MultiX Thick, MultiX Thin, HDX, LDX, VY-101 and VY-103.


TSXV:VM - Post by User

Comment by biggdoggon Sep 19, 2023 11:56am
107 Views
Post# 35643509

RE:RE:Chinese Barite

RE:RE:Chinese BariteThere will be no Frances creek barite produced until they build a quarry, build a plant to process the barite into pharma barium sulfate. That is what the PEA was all about. It laid out the $36M required to get the project into production. They are reliant on using man made barite until FC is producing. Once FC is financed, I would suspect the stock will begin to trend up toward the $344M valuation. They have not done any small nickle and dime financings, that would indicate to me they are working on something larger? Its a mine, you need to dig it out, crush it, seperate the barite out into a high grade concentrate, ship it to a mill, grind and clean out the fine waste from the barite, and because its pharma, it needs to be done in a way that passes GMP Heath Canada and FDA processing standards. Then it goes into bottles. The last I heard they are buying man made for $6,000-$17,000 a ton? The PEA said it cost Voy less than $500 I think? 
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