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Bullboard - Stock Discussion Forum Vanadiumcorp Resource Inc V.VRB

Alternate Symbol(s):  VRBFF

VanadiumCorp Resource Inc. is a Canada-based critical metals company. The Company is engaged in the acquisition and exploration of mineral properties in Canada, with a primary focus on the exploration of the Lac Dore and Iron-T Properties in Quebec. The Company produces a stream of quality vanadium electrolytes for Vanadium Redox Flow Batteries (VRFB). The Iron-T Property is located in the Nord... see more

TSXV:VRB - Post Discussion

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Post by Ohmtee on Mar 31, 2022 10:19am

GoodMORNING

We see the smart money is starting to get out of VRB this morning. The smart money will keep going to half a cent. We expect that most have figured out that the effective cost, when the rollback is calculated in is 10X what you're buying shares for. That means people buying stock today at 2 cents are actually paying 20 cents. 

What they haven't figured out is what is called post-rollback drift. So in other words when this stock opens after its rollback which lets say is between 10 and 20 cents it will then drift all the way down to its current price and settle there again. So right now the losers are buying and the winners are selling - all the way down to half a penny. 

Enjoy your trading day... sell sell sell

Comment by Familywealth on Mar 31, 2022 12:42pm
Dear VRB past CEO Pat Obrien, "Good morning" to you sir and thank you for this constructive post.  Yes, VERY ASTUTE that yes "VRB shareholders will get crushed by the 10-1 rollback and further crushed by the post consolidation drift". And without strong material change/news, actual signiifcant funding for development and for other than "debt repayment to the ...more  
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