VEC
following my previous post 2 days ago....
below came from a poster who done a snap shot of the twits wrote by Mr Brewer on last Sunday, who is the same management of both 4ce and VEC, who done a Lithium deal for 4CE recently and many should see how 4CE played out..
https://hotcopper.com.au/threads/an...579801/page-122?post_id=26358207#.WYlzHq2B2i4
consider his none holding for CFE with his 250m units holding of VEC, which one will get the more decent project....
and DRC is wellknown for its Cobalt grades and production....
also,
4CE did a CR at 2c and with roughly $1.2m at bank, its acquisition won't stop it run to all time high 4.8c today...
VEC got $1m at bank and awaiting for a
Major Acquisition imminent from management holds
over 1/3 of total SOI, there will be a decent run like 4CE and many many others juniors did....
on top of these, VEC announced this morning:
- Diamond drilling contact awarded for Maniema Gold Project to African Drilling Limited
- A total 4,000m drilling program is planned with an initial 6 holes approved to be completed at the advanced Kabotshome Gold Prospect, which has a JORC Inferred Resource of 6.97Mt at 1.9g/t Au for 421,000oz and which remains open along strike and at depth
- In-fill and extensional drilling at Kabotshome Gold Prospect to both test and confirm previous high grade intercepts at depth and along strike
- Balance of diamond drilling program to be focussed on the Mitunda and Namoya West Gold Prospects where visible gold has been identified and once ongoing exploration work has been completed..
sp has wash and rinse between 0.8c and 0.9c recently and 1c seems a major obstacle pre acquisition but it won't be a issue when acquisition announced...
