If anyone missed the research report - http://www.venturexresources.com/wp...171106_VXR_06Nov17_Initiation-of-Coverage.pdf
Valuation $m cps
Sulphur Springs 100 0.029
Whim Creek 20 0.05
Pilbara Gold 15 0.04
Debt nil
Cash 3(7) - (NOW RAISED 4 MILL) 0.001
Total 138 0.04
These are conservative figures which have already been stated, meaning that even 4 cents is undervalued at this point in time.
Not to mention the recent HEM survey that was undertaken which extends our resource field drastically ;
"The HEM survey demonstrates the exceptional exploration potential of the Sulphur Springs project area."
Below is the Mining lease 45/1265 that applied for and application was received on the 30/10/2017, this is in relation to the Sulphur Springs project (I'm also assuming it has to do with eventual open pit mining).
Mind you #NST (Northern Star Resources) $5 + stock at this current time, has near 20% holdings in VXR; they're extremely happy with the progression of the Sulphur Springs project and the swift manor in which they're progressing things. #NST were even present at the #VXR AGM - that says something in itself.
Our new holes even intersected some MASSIVE Zinc holes, which were unexpected but amazing nonetheless.
We're further waiting on 3 holes from the labs (which should provide some further amazing results).
Gold prospects are really moving along; who knows if #VXR JV with #NST at Whim Creek while they smash through Sulphur Springs project.
We're heading in an amazing direction (extremely NORTH) from here on. A long term cracker here.
If anyone missed the research report -...
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