Energizer Resourses (V.EGZ; Canada):
110.5 Mio Common shares issued and outstanding
Price (18.11.2010): 0.48 Can $
MC: 53 Mio CAn $
Resources: 55 Mt @ 0.7 % V2O5 indicated/ inferred
Metallurgical recovery: 82% Vanadium
Speewah Metals:
113.66 Mio Shares outstanding
Price (18.11.2010): 0.28 Aus $
MC: 32 Mio Aus$
Resource Central Zone: Measured: 107 Mt @ 0.4 % V2O5
Indicated: 85 Mt @ 0.38 % V2O5
Preliminary tests from methods have shown vanadium recovery greater than 90%.
In addition SPM has potential because of the possibly existing of other base metals (Copper/Gold/Silver/Lead)
+Fluorite (Indicated and Inferred Resources of 6.7Mt at 24.6% CaF2)
Why is SPM so cheap???????
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