RE:RE:RE:RE:RE:Recovery of Vanadium Electrolyte, Oxides - PhaseII ExpansionWithout doing any research whatsoever, I seem to remember the promise of a PEA over a year ago....some research will show that Blackrock has put $70mln into getting where they are, so I don't really think we are in a similar position to them.
My suspicion, without ever having seen any engineering or surveying on the deposit, is that Blackrocks claims are too tight to VRB's for VRB to be able to mine the ore body economically. So it will always stay a "resource" because without demonstrating on paper that it can be mined....well it never becomes "reserve".
My opinion, nothing else. I still hold my shares although I was tempted to sell at $0.18 and frequently wonder why I didn't.