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VVC Exploration Corp V.VVC

Alternate Symbol(s):  VVCVF

VVC Exploration Corporation is a Canada-based company, which is engaged in the exploration, development, and management of natural resources. It produces helium & NG at its project in Kansas, Syracuse, the Company’s focus on helium & NG project. Its Syracuse project, located in the Bradshaw field, consists of over 16,400 acres of nearly contiguous oil and gas leases, directly north of the Greenwood Field and due west of the Hugoton Field. It focusses copper project is Gloria, a near-production copper project in Northern Mexico. Gloria, a copper project in Northern Mexico, is its main property. The property comprises 4,055 acres in Chihuahua State, Mexico, 30 miles south of El Paso, TX. Its other projects include Cumeral, a gold/silver project in Northern Sonora, MX; La Osa and El Recreo, two gold/copper projects located in Northern Sonora and near Mazatlan, MX. It also engages in the exploration of new copper projects, as well as other associate metals including gold and silver.


TSXV:VVC - Post by User

Bullboard Posts
Comment by Bdussyon Apr 23, 2006 3:28pm
191 Views
Post# 10732607

RE: Antimony

RE: AntimonyAntimony was $2100 in 2003 and they were borderline viable. The study that was done by VVC at the beginning of 2005 and based their estimation of Antimony prices of that of 2004 ($2600US/lb). In aug of 2005 antimony was $3600, and is now even higher (near $5000US/lb). The mine is viable and they expected to make almost $9,000,000 ebita based on the $2600 price. It currently is not re-opened but how long do you think it will take before they make that announcement! And realistically that $9,000,000 estimate is peanuts compared to the current day estimate. And now Antimony as far as i can see further gained at the end of 2005 and again in 2006 to near the $5000US/lb marker. Not mention the recent gains in the metals market very recently would probably have also increased the antimony price further. Hard not to see a little hidden value in vvc? Good investing.
Bullboard Posts