OTCPK:VDMRF - Post by User
Comment by
alfhopeon Jan 20, 2021 4:26pm
130 Views
Post# 32336524
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:What about the private co. Blackrock metals?
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:What about the private co. Blackrock metals?shawshank2 wrote: alfhope wrote: The question is, should they sell or further develop themselves. How would the share price develop in both scenarios?
Both scenarios would be a huge upside to current market cap I can tell you that. When they upgrade pfs I think we will be pleasantly surprised. Selling or producing would be two different beast but given npv we would at least expect 1.50$ plus for an early buyout. If we go to production I expect out chart would be the next champion iron.
I would prefer a buyout for a good SP > 4 CAD than bringing it to production. Would need much money and time building a factory. Without a bigger partner for a JV IMO very difficult to finance.