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VanadiumCorp Resource Inc. V.VRB

Alternate Symbol(s):  VRBFF

VanadiumCorp Resource Inc. and its subsidiaries are engaged in the acquisition, exploration, and development of mineral properties in Canada with a primary focus on the Lac Dore and Iron-T Properties in Quebec that are prospective for vanadium, titanium, and iron. Additionally, the Company is engaged in research in novel hydrometallurgical processes for recovering vanadium, iron, and titanium products from vanadiferous feedstocks such as titanomagnetite concentrates and industrial waste streams.


TSXV:VRB - Post by User

Bullboard Posts
Post by ventureveston Mar 28, 2014 5:05pm
116 Views
Post# 22384056

Actually MM PO salary was $19500/month++++

Actually MM PO salary was $19500/month++++
On the  question as to  why  he  quit.

JMHO .....  but   PO  seamed to be  in  in a  panic mode when  he  found  out about the  Green  Proxy about to become  public info.

In a  frantic  attempt  to regain  support  from  shareholders  he  anounced  a  drilling  program,  for  which  there  was insufficent  funds  in the  bank to   pay  for.... The  large cost of  sustaining  PO draining the  company  of  funds.....  Every  placement   eaten up  by  his  expenses  and  salary.

Knowing  he  could  not  get  support  of  further  funding  to  pay  for  the drilling  he quit,  leaving  Christian  as the  bagholder.

It  is  a Geoligists  responsability  to   be  sure  there is  adaquate funding  to  carry  out the  work  under  his  supervision.....   Thats  the  way I  see  this  as how/why    the  chain of  events   ended  up.  MNG   attempting  to  bankrupt the  company  before   the  green  proxy  holders  could   gain control of the  company.

What  the old  guard  didn't  realize  is the   support  in   shares  and  cash  that  the  shareholders would  bring to  bare  and  salvage the  company   that the  old  guard  were  giving  last   rites  to!
He  also underestimated  the  will of  Adriaan  to  man up and  do the  right  thing  for  all the  investors  he  had  spoken to  over  many  years.

Thats  the  way  it  looks  to me.... But  then   WTFDIK.

Prepare  for a  spanking  from the  great  and  powerfull  OZ ...  karmagathzilla.

If you do  come  back  Karma,,,,   just  wondering  if  the Que  and  Golden darling claims   were  ever  held  by   APA....  Where  did  they  come  from   originally.... they  got  bounced   around  more  than a  basketball....  and  you  taking  a  cut on  every  bounce....  Answer  please!

How  many  shares  have  you got  left   Patty O.... Must be  getting   a  little  low.
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