Vanadium One Iron Corp. V.VDR

RE:RE:RE:RE:RE:RE:What about the private co. Blackrock metals?

[Sciencegeek1]

The last run it had was when vanadium prices spiked to an all time high of $34.  So not too surprising that it climbed back then along with every other company involved in vanadium.  And as could be expected, when the price of vanadium declined (as it always has with vanadium's clyclical behavior if you look back at the charts), VONE came back down.  This was despite the fact that most of the money from any mine would come from the iron. 

For me the question would be is this team serious and capable of bringing this resource to the stage of actual mining which is no easy task?  Based on the past experience of those running the show I think yes.  The price of vanadium and iron will continue to fluctuate.  Based on my reading of their recent NI 43-101 (worth reading if you have not had the chance), I think their estimates on the resource and valuation are conservative, so even if iron comes back down to norms this mine is still easily profitable.  

Honestly, if the price comes down I will happily add to my position.  I am kind of kicking myself for not adding at 9 cents.  I did load up though at 4 :)