OTCPK:VDMRF - Post by User
Post by
SilverKnighton Oct 25, 2018 10:05am
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Post# 28870663
Royalty over Mont Sorcier Deposit
Royalty over Mont Sorcier DepositSome of you may be interested to know there is a 2% royalty over Vanadium One's Mont Sorcier deposit owned by a tiny publicy traded company called Chibougamau Independent Mines (CBG). Globex Mining (GMX), a prospect generator and royalty company owns another 1% royalty on the deposit. I actually own shares in all three companies having followed this story from the initial optioning. If Mont Sorcier gets developed CBG will join VONE for the ride. CBG is valued at only about $2 Million Canadian depsite frugal management, zero debt and extensive land holdings in the Chibougamau area, along with this royalty.