OTCPK:VDMRF - Post by User
Comment by
Sciencegeek1on Jan 06, 2020 8:23pm
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Post# 30524215
RE:what is going on here
RE:what is going on hereI do not see this moving until the PEA comes out in Mar/Apr. After that I can see them coming out with news shortly thereafter confirming a JV or buyout plan and then moving into an expensive prefeasability assessment financed largely by that partner. That is just my guess. The stock is ~22% owned by insiders which is pretty damned good IMO, and several insiders did some solid buying during Nov+Dec last year. I am not worried about the retailers who likely bought into this thinking a Vanadium play and continue to lose patience and split rather than waiting for a very positive Iron story to playout. I will continue to accumulate slowly as they sell :)