Phenom Resources Corp Com V.FVAN

Primary Symbol: FVANF

Metals & Mining Industrial Metals & Minerals

First Vanadium Corp is a Canada based exploration company which is engaged in the acquisition, exploration, and evaluation of mineral properties. The company's exploration projects include Carlin Vanadium Properties and West Jerome properties. Its operations are limited to a single industry segment, being the acquisition, exploration and development of mineral properties.

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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