RE:RE:Blackrock Metals acquires VanadiumCorp? Thanks Markable. The info on Barrons looks like we may see a combo that works no? Barrons details an exchange of shares with mining juggernaut Ross Beaty with other folks who have built mines before. Blackrock Metals is going public by way of a reverse takeover less their terminated founders- sound familiar?- VCR has some value here adding some additional unpermitted exploration mineralization but is landlocked aka trapped on all sides by Blackrock Metals who has much more real estate. There are two choices as I see it. 1.) Sell the unpermitted, exploration hopeful VancouverCorp lockstock less it's new boys club for $20M+ for stock/cash to seasoned professionals with verifiable histories of achieving multi-Billion returns to their shareholders.
2.) VCR is cannibalized raising $100M+ to begin their 4th PEA and upon acceptance by the same Government who is partnered with Blackrock, complete and have approved Prefeasibility, Feasibility and Environmental studies for both the mine and any processing plant dream notions to discover what the rest of the world already knows which is --- a likely $1B+ price tag for mine, mill and process plant, which cannot get started before suffering through another 30 years of complaining about a share prices and woes of the perpetual merry go round spinning by the next churn burn gypsy loan swapping $hitshow clowns that appear like magic.
Just Imagine If VEPT was as good as Electrochem claimed and not copied from existing titanium producers who already know sulfur soup-vanadium recovery is an absolute mess?
Ia VEPT or similar plant would be 4-10X the current industry size using acidic hot water which can theoretically melt iron ore containing .5% V however the industry folks will be cooking with fire again like the last 1000 years at $1/kg H2. H2 which would yield very high value DRI with vanadium and titanium as bonus critical metals all carbon free.
What is nice for Blackrock is their engineering and manufacturing partners are ready to begin.
https://www.miningweekly.com/article/building-the-worlds-greenest-iron-plant-in-quebec---with-hydrogen-2021-07-27
So is it last call at the senior centre for VRBFF shares? Next opportunity for vanadium will likely be when Blackrock starts trading. Let's hope that is soon.
GLTA