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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 Jul 26, 2017 3:06pm
113 Views
Post# 26512676

RE:RE:RE:RE:RE:Recovery of Vanadium Electrolyte, Oxides - PhaseII Expansion

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.
Bullboard Posts