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Vanadiumcorp Resource Inc V.VRB

Alternate Symbol(s):  VRBFD

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
Post by maybe111on Jul 27, 2017 8:30am
83 Views
Post# 26515307

What if

What ifthe initial PEA gives an oberview of the opportunity but the option is to go with a ten tonne oer day plant.  What would that do upi asl because that is not a "miner".  The output would be pure iron - over five tonnes per day @ >$10K per tonne.  The operational cost would be far less than 1K per day for electricity and the equipment can be nought "off the shelf" so to speak.  Now if I approached you with those economics and you could put the operation anywhere in less than a year with absolutely no interference from any municipal, provincial, state, or federal jurisdiction, what would be your response.  For me, I would certainly want to have a second look at  the very least.  And, I would probably pay a pretty penny just for the option.
Bullboard Posts