Originally posted by Two fat ladies
Brewer has stated he wants to develop existing assets, I guess the question whether the company really wants to throw money at this or just focus on Vanadium production as it's future? Exploration is expensive and obviously risky, however positive seismic work could attract a joint venture partner which would make things very interesting. We will get an update soon on these assets and how they may play a role in the future, but my feeling is there is enough money to be made from Vanadium.
Reading the announcements I strongly believe GLV will acquire some form of Vanadium asset within the next few months with funding in place so to me this is a no brainer medium to long term.
DYOR
- I agree 100%! With Wfe and Vec done and dusted I think money will shift to GLV from shareholders belief in JB getting the job done.
I expect an announcement in the next two weeks on a JV and acquisition of a top Vanadium asset. One that will put us into near production like WFE! Putting us in the lead of 90% of other Vanadium exploration companies out there!
Just think we need to fill in the dots with this one! It’s a no brainer for me.
With a market cap of just 14 million and a fair estimated price of .009 from NAB, this stock will have a lot of heat incoming weeks! Definitely flying under the radar!
I believe JB will now turn his full attention to an upgrade resource for VEC and an acquisition for GLV! Shares will
quickly disappear at these prices! Watch this space!
