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Vanadium One Iron Corp. V.VDR


Primary Symbol: VDMRF

Voyager Metals Inc, formerly Vanadium One Iron Corp is engaged in the exploration of its properties for base metals and precious metals in Canada. Some of the projects of the company are Mont Sorcier Iron ore property and Clinton Manganese Property. It has one business segment Iron Ore Exploration in Canada.


OTCPK:VDMRF - Post by User

Comment by opagangnamstyleon Jun 08, 2020 11:16am
150 Views
Post# 31124158

RE:RE:Iron prices screaming

RE:RE:Iron prices screaming

With $1 increase in Iron Ore price (62%)

With following assumptions:
15% premium for FE(65%)
CAD/USD: 0.75
Avg conc tonnage per year: 4.8

With following numbers above we get 7.36MCAD in FCF per year, which is above our current MCAP, that is 1 dollar in crease in Iron Ore price (62%), this optionality play is just insane IMO.

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