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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
Comment by maybe111on Jan 11, 2019 4:44pm
196 Views
Post# 29221068

RE:Share Price

RE:Share PriceHello Ace.  Just so you might understand the difficulties on the VSE, know this.  When companies get financing, the normal method is to offer investors a half share warrant for every share they purchase.  This warrant is valid, usually for a period of two years from the closing of the initial financing.  So, there is always money to be made if you can sell the shares initially purchased for more than the price of the warrant, in this case 6 cents.  This tends to drive share prices down to somethng close to the warrant price as professional purchasers and shorters wait for this to happen.
Bullboard Posts