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Vantex Resources Ltd V.VAX

Alternate Symbol(s):  VANTF

Vantex Resources Ltd. is a Canada-based company engaged in acquiring, exploring, appraising and developing mining mineral properties. The Company has a 100% in 10 mining cells located in the Clericy Township. Its position in this geological sector is due to its proximity to the Destor-Porcupine fault and the presence of numerous gold occurrences in this sector.


TSXV:VAX - Post by User

Bullboard Posts
Comment by Crazy_Hendersonon Apr 07, 2011 9:16am
291 Views
Post# 18397926

RE: RE: RE: Charts are......

RE: RE: RE: Charts are......Metals_boom, the only real winner I have this year is NGM - Northern Gold Mining.  They are still undervalued compared to their peers and awaiting an updated 43-101 anytime.  Their best hole on their last news release hit 284.6m of 1.62 grams per ton Au.  And they had similar on the release before that.  They currently have a million oz inferrred and a 97% recovery rate with metalurgy.  They are currently only drilling to depths of 300 meters but grades get better at depth.  In a recent interview, the pres suggested that the blue sky is at depth and that 10mil oz was probable.  They plan to run 6 drill rigs later this year.

Sorry to plug a different company on VAX board, but I believe VAX will turn out similar to NGM--VAX is  just further behind at the moment.
Bullboard Posts