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Vanadiumcorp Resource Inc V.VRB

Alternate Symbol(s):  VRBFF

VanadiumCorp Resource Inc. is a Canada-based critical metals company. The Company is engaged in the acquisition and exploration of mineral properties in Canada, with a primary focus on the exploration of the Lac Dore and Iron-T Properties in Quebec. The Company produces a stream of quality vanadium electrolytes for Vanadium Redox Flow Batteries (VRFB). The Iron-T Property is located in the Nord-du-Quebec administrative region in the Province of Quebec, approximately 15 kilometers (km) east of Matagami and 780 km northwest of Montreal. The Lac Dore Property is located approximately 27 km east-southeast from the City of Chibougamau, in Eeyou Istchee James Bay Territory, Nord-du-Quebec administrative region, Province of Quebec, Canada. The Lac Dore Project comprises two claim blocks, referred to as Lac Dore Main and Lac Dore North. The Lac Dore Main claims cover an area of 648.82 hectares (Ha), and the Lac Dore North claims cover an area of 4,637.87 Ha.


TSXV:VRB - Post by User

Bullboard Posts
Comment by tayjon80on Apr 24, 2014 4:29pm
130 Views
Post# 22488280

RE:RE:Garth...

RE:RE:Garth... At the risk of being labelled a "Blkrk lover":

Probably not in public domain as they are waiting for exchange approval....it takes a few weeks.  I wouldn't put something out that requires even whatever mundane changes the exchange is going to ask for.

Blkrk is not being paid to promote VRB....why would they?

I think who has put up the feasibility study money - appears to be 50mln+ - are savvy enough that it is an implied validation of the Blkrk project.

Blkrk building a mine and starting to build a mine is a good thing.  I am far from an expert but the historic nature of all the data that exists for VRB's Lac Dore means it is going to take lots of cash and work to create even a 43-101 resource estimate...I am willing to bet that Blkrk's 43-101 feasibility study includes a reserve estimate.  The difference is huge and the difference in the amount of money spent is likely close to 100x.

VRB has put 600k into the ground/engineering....even with historic work that will barely get you a 43-101 Preliminary Economic Assesment....add 30-40mln to that and you have a 43-101 Feasibility Study.

The historic work is 12+ years old done by prior operators....metallurgy will need redoing, do the cores even exist anymore?  They need re-testing I bet....

Hold your shares, this will take weeks and in any merger, buyout or even VRB financing you will get the result we all want.
Bullboard Posts