TSXV:VRB - Post Discussion
Post by
Visthefuture on Jul 25, 2024 7:58pm
Naked emperors fiddle while green pastures burn
The identity crisis of VRBFF persists with a communal sense of imposter syndrome. In Chibougamau, surrounded on all sides by a patient predator, the clock is still ticking on mining claims set to expire. Furthermore, the status of the once celebrated Matagami Iron-T vanadium property remains uncertain. This group should consider offering monthly payment plans per megawatt of electrolyte backed by debt and cut all unnecessary staff. Decisions such as these are difficult when influenced by sunk costs and inability to determine the true value of the exactly what things they really should do and could do better and exactly how many slices of pie there are to go around for those that make it happen. In my opinion, their worth depends on the best deal they can negotiate with a battery producer if one will have them. It’s uncertain when, if ever, mining vanidifferent titanomagnetite for vanadium will become economically viable in Notth America, given the billions required for what can simply by purchased on a global spot market. If the competition can barely make it with higher-grade sources, with cheap labour, power and permits, it seems unlikely in the land of free medical advice and expensive maple flavoured bacon. Good luck to any shareholders who remain after yet another boy's club restructure announced. VITF.
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