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Bullboard - Stock Discussion Forum VR Resources Ltd V.VRR

Alternate Symbol(s):  VRRCF

Metals & Mining Industrial Metals & Minerals
VR Resources Ltd. is a Canada-based junior exploration company. The Company explores and advances opportunities in copper, gold and critical metals in Nevada, United States, and Ontario, Canada, a kimberlite breccia pipe discovery and field in northern Ontario. The Company’s projects include Bonita, Big Ten Project, Ranoke Property, Hecla-Kilmer Property, Junction and Reveille Property. Bonita... see more

TSXV:VRR - Post Discussion

VR Resources Ltd > It Figures!
View:
Post by CheckingReality on Sep 28, 2023 3:50pm

It Figures!

VRR puts out a news release indicating the presence of diamonds. So the stock gets hammered. Market players failed to apprecciate these were the first holes ever drilled in what is a very large kimberlite. Guess peope were expecting 10 carat diamonds. There's no hope for this crazy market!!
Comment by diabase1 on Sep 28, 2023 8:18pm
I wonder if they found any G-9 garnets?
Comment by diabase1 on Sep 29, 2023 7:04am
I meant G10 garnets!!
Comment by DssVem on Sep 29, 2023 12:50pm
I don't understand why the stock tanked. Is finding diamonds a bad thing?
Comment by Zerosum on Oct 03, 2023 10:42am
What I'm hearing is this: the micro diamond sizes used in the NR ( 0.75 micron sieve ) as so small other diamond mines simply don't include them in their resource calculations. So while VRR did a great thing in actually pulling micro diamonds up in the cores it may have been better if it did not, because the speculation process would still be present. This is somewhat counter intuitive but ...more  
VR Resources Ltd
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