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Phenom Resources Corp V.PHNM

Alternate Symbol(s):  PHNMF

Phenom Resources Corp. is a Canada-based company engaged in the business of the acquisition, exploration, and evaluation of mineral properties. The Company has a 100% interest in the Carlin Gold-Vanadium Project, located in Elko County, six miles south from the town of Carlin, Nevada and Highway I-80 which hosts the Carlin Vanadium deposit. The Project lies within the prolific Carlin Gold Trend. The Carlin Gold-Vanadium Property is composed of 114 unpatented mineral claims and 80 acres of fee simple land totaling 955 hectares. Its West Jerome property is focused on the copper-rich district of Arizona, near the Town of Jerome, Central Arizona. The Company has options on two gold projects in Nevada, the Dobbin Property, which is a Carlin Gold-type target, and the CVN Property, a Bonanza high grade gold vein-type target. Its Crescent Valley property is located in Eureka County of Nevada. It also has an option agreement to acquire up to a 100% interest in the King Solomon Gold Project.


TSXV:PHNM - Post by User

Post by erieshoreon Mar 30, 2022 1:31pm
311 Views
Post# 34559693

Vanadium mining prospects

Vanadium mining prospectsHere's my guess about what may happen within a few months.
-Phenom may announce that they have received a federal grant (not a loan!) to support mining the vanadium resource.
-With or without the grant they may spin off the Vanadium resource into a separate company, to raise the money needed mine the Vanadium resource. 

Meanwhile, they will continue to drill the gold resource well below the Vanadium.

I expect this stock to be much, much higher by the next year or two.

Erie 
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