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8.0¢ venus metals corporation limited

Ann: RXL:New exceptionally high gold grades extend Grace Prospect, page-6

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m0ngy

10,075 Posts.

4852

01/09/20

11:09

Post #: 46982231
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Originally posted by m0ngy: ↑

Yes Venus has 30% of the Younami JV.
So VMC have 30% of Grace with lots of drilling underway.
Grace is much more extensive than we previously thought which means that a bigger resource estimate will be forthcoming.
The timing is for a JORC this year, according to Rox MD Alex Passmore.
When it comes to the Venus JV VMC and RXL are equal partners.
A strike at Penny West Deep South (6 compelling targets) or Sovereign or Pincher will provide equal benefits to Rox and Venus.
Drilling results for these projects are imminent.
Meanwhile Venus is valued at just $36m and Rox at $126m
Rox is worth every cent of its market cap and more making Venus very undervalued.

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Worth watching the webinar with Rox MD (see ann for details)

VMC Price at posting: 24.5¢ Sentiment: Buy Disclosure: Held
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Last 8.0¢		Change 0.000(0.00%)		Mkt cap ! $15.17M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
1	1688	7.7¢

Sellers (Offers)

Price($)	Vol.	No.
8.0¢	16631	1

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No.	Vol.	Price($)
2	51688	0.077
2	184955	0.076
1	20000	0.075
1	200000	0.074
1	20000	0.071

Price($)	Vol.	No.
0.080	16631	1
0.090	126666	1
0.091	18581	1
0.092	7500	1
0.093	19250	1

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