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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 CanThisBeTrueon Jul 11, 2018 4:15pm
120 Views
Post# 28302317

RE:RE:Word has it that PEA

RE:RE:Word has it that PEAA great PEA and based on inferred mineral resources as is VRB's. 

That is a lower grade than VRB's so our PEA, if $12.73 is used, should be great also.  The $12.73/lb seems high though as normally a PEA is based on the average of past year's prices nevertheless if PCY can get that for their V2O5 it seems everyone should be able to get that.

VRB's mine life was estimated at around 30 years by IOS I think which should also improve VRB's value (of course returns that far in the future are highly discounted).  

As long as BCSC accepts VRB's PEA we can proceed.  Right now the company cannot release news because of the halt.
Bullboard Posts