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Velox Energy Materials Inc V.VLX

Alternate Symbol(s):  CUIRF

Velox Energy Materials Inc. is a Canada-based energy materials company, which is engaged in developing and progressing high-value assets in resource and research- friendly jurisdictions. The Company is focused on energy materials solutions for the global transition to net zero. The Company is focused on the advanced North Queensland Vanadium (NQV) project in Queensland, Australia. Its NQV project covers 1,246 square kilometers (km2) in northwest Queensland, about 500 kilometers (km) southwest of Townsville. The NQV project is located in northwest Queensland, Australia, along the Flinders Highway between Julia Creek and Richmond. Its Kotai Hydrogen Project is focused on the commercialization of technology that can produce high-pressure hydrogen following transport as an inert powder. The Company’s Lake Pierre Project is located approximately 55 km east of the town of Havre St Pierre. The Company's subsidiaries include Currie Rose Vanadium Pty Ltd., and WA Hydrogen Pty Ltd.


TSXV:VLX - Post by User

Bullboard Posts
Post by trendisafriendon Oct 15, 2010 2:10pm
404 Views
Post# 17570217

Mid october, still waiting for that drill program.

Mid october, still waiting for that drill program.Still waiting for that annoucement, it has been a long wait. Then again, I have said to many that it is a private placement play, so those of us with private placement should do very well. The plan mentioned of about 5000 m
is congruent with what I heard a long time ago, just wondering if they may be trying to incorporate additional areas into the program, as a decent amount of funds were  raised. With dilution at the lower levels, the more drilling the better as liquidity is going to be needed when those private placement shares come due. Looking good for those in at 5 or cheaper. Watch the JV partner at scadding, trueclaim, believe they are about to start their 2000 m drill program, which should be followed up with an 8000 m program. Our property there should get some decent work done on it.
Bullboard Posts