Vanadium One Iron Corp. VDMRF

Metals & Mining Industrial Metals & Minerals

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.

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Vanadium One Iron Corp. > Frustrating

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Comment by EricQCon Jun 30, 2021 6:04pm

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Post# 33477596

RE:RE:RE:RE:RE:Frustrating

Hey Shawshank,
Anyone can do the back of the napkin math to understand that the NPV value would be north of $1.7B if they use a higher IOP price than the one they used in the current feasibility study and with a higher resource number. With all due respect, updating the NPV value without the bankable feasibility study would not, in my opinion, attract enough institutional investors and create the buying pressure on this stock that we all hope for. Without the bankable feasibility study, VONE has nothing more than a claim on the property but nothing tangible that will create any real cash flows anytime soon.

Patience is the name of the game with this one.

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