VSR 0.00% 1.5¢ voltaic strategic resources ltd

Ann: Further assays confirm significant Rare Earths system at Neo, page-27

  1. 10,324 Posts.
    lightbulb Created with Sketch. 654
    Well yeah it would be a brave soul holding at this high level with grades only averaging 491ppm to 1000ppn TREO.
    just my thoughts this will drop heavy today, crazy how it ran on basically words!?
    probably the Twitter pump crew they are always at it, ASX is a shambles these days in my opinion, no wonder mum and dad investors get hurt.
  2. 49 Posts.
    lightbulb Created with Sketch. 30
    VSR have only drilled < 1000m into this project - it literally is "first pass" and the drilling only started in January .... and already they have huge intercepts with decent grades, some high grade zones, and positive signals due to halloysite identification. And critically - FROM SURFACE. From surface meaning the mining costs should be low as well as the strip ratio. Compare the widths to AR3, who are arguably the most advanced Australian REE clay developer:


    https://hotcopper.com.au/data/attachments/5352/5352549-e43ced0e25e9362caedb88542c3bb8f4.jpg



    Compare the widths to IXR, one of the only companies with an REE Clay deposit & DFS:
    https://hotcopper.com.au/data/attachments/5352/5352564-b2ebf16223f5736089a81962288b402d.jpg
    https://hotcopper.com.au/data/attachments/5352/5352580-66e884be2f6c8981881b6b655fb2609e.jpg

    Both of the above companies have been exploring their projects for years. VSR have just started.


    Now consider that VSR have halloysite at Paddys Well - that is what garnered my attention and how I first came across the VSR story. Halloysite is commonly found in the Chinese Ionic deposits...


    And also consider the clarity and clear strategy presented - very transparent and clear - excellent communication style from VSR
    https://hotcopper.com.au/data/attachments/5352/5352613-4e58b915db2da77166cd12dce3666e64.jpg



 
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