OTCPK:VDMRF - Post by User
Comment by
Sciencegeek1on Jul 09, 2021 11:04am
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Post# 33521069
RE:Argus Research Initiates Equity Report Coverage on Vanadium
RE:Argus Research Initiates Equity Report Coverage on Vanadium Thasks for sharing that. It appears to be a well balanced report outlining both the strong potential and the challenges. Their point about addressing risks associated with the confidence in the reserves estimate by moving more into the indicated/measured category makes sense and that is exactly what management is doing or planning to do over the next 18 months as they prepare for a bankable feasibility study. Also means as investors we will be asked to wait to see the true value for this one, but considering this is undervalued where it is, the risk+wait vs upside reward are worth it IMO. I also like that they point out the strength of the management team in terms of their experience in bringing mines to the production stage. GLTA