Phenom Resources Corp FVANF

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

Metals & Mining Industrial Metals & Minerals

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.

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Comment by Therookie88on Mar 11, 2019 5:30am

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Post# 29466978

RE:RE:RE:RE:RE:RE:Boom!

damapik wrote: "PCY boys" have been with strong feeling from the beginning:).
But why FVAN "die hards" ignore process cost of Carlin $51,5/t vs.Gibellini $11,4/t is beyond me.

[url=https://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aFVAN-2723434&symbol=FVAN®ion=C]https://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aFVAN-2723434&symbol=FVAN®ion=C[/url]

https://www.prophecydev.com/prophecy-announces-positive-preliminary-economic-assessment-study-for-the-gibellini-vanadium-project/

Capex: Gibellini $117mio (heap leach) vs. Carlin ? ( >$350mio with autoclave&roaster? .. because of carbon >10%)

with PEA in Q4,2019 you will see your all-in costs ( AISC) about $15/lb vs $6,3/lb Gibellini

and then cherry on the top .. " try to permit a roaster in Nevada today" (on 15:25min)

https://www.youtube.com/watch?v=SEsx6wPCQiM

Please consider my posts here not as a bashing but a friendly hint that FVAN has some "skeletons in cupboard" which your management don't want, for whatever reason, to expose yet.

TMT.AX has a much larger deposit and it’s costs are 4.20 a pound it puts both PCY and FVAN to shame... and it’s cheaper then both... 55 million tonnes of V at 1.1 percent.. best deposit outside largo and bushveld on the globe