VXL valence industries limited
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Ann: Corporate Update, page-6

  1. Matt72
    1,659 Posts.
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    04/03/16
    12:02
    Post #: 17187716
    Enforcer I am a non holder however I have researched all graphite stories going back 3 years.

    VXL is a boutique explorer with a very limited output.

    They are $12 million in debt after opening the mine.

    Obviously costs are greater than the revenue so it is not economically feasible in todays market place.

    It is a sad story, but it is reality. These morons ran the company into the ground.

    Cheers

    Matt
    VXL Price at posting: 11.5¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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