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Phenom Resources Corp FVANF


Primary Symbol: V.PHNM Alternate Symbol(s):  PHNMF

Phenom Resources Corp. is a Canada-based company engaged in the business of the acquisition, exploration, and evaluation of mineral properties. The Company has a 100% interest in the Carlin Gold-Vanadium Project, located in Elko County, six miles south from the town of Carlin, Nevada and Highway I-80 which hosts the Carlin Vanadium deposit. The Project lies within the prolific Carlin Gold Trend. The Carlin Gold-Vanadium Property is composed of 114 unpatented mineral claims and 80 acres of fee simple land totaling 955 hectares. Its West Jerome property is focused on the copper-rich district of Arizona, near the Town of Jerome, Central Arizona. The Company has options on two gold projects in Nevada, the Dobbin Property, which is a Carlin Gold-type target, and the CVN Property, a Bonanza high grade gold vein-type target. Its Crescent Valley property is located in Eureka County of Nevada. It also has an option agreement to acquire up to a 100% interest in the King Solomon Gold Project.


TSXV:PHNM - Post by User

Comment by alex7759on Sep 17, 2018 2:02pm
102 Views
Post# 28633767

RE:RE:RE:Crowley

RE:RE:RE:Crowley "Smart money knows higher capex to recover twice as much metal is a no brainer. "

yes, but autoclave technology (capex 300mio)  with vanadium extraction is not proven economically yet.
Plus CCC has >10% carbon that leads to 25% acid and thus multiple opex

ccc's  breakeven can be estimated then at 14$ lb vrs. 7$ "at neighbor". ( with 100mio capex and in 36 months commissioning). Smart money are aware about already.

Dear DD,  with  the expected PFS by the end 2019 you will be not able to maintain the current price level... with due respect to you personal and Mr. Crowley

if yes, i'll take my hat off.

this is my last post here till detailed met. results are released

 




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