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Fair enough, I need to do a bit more research on both. Thanks...

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rkadian

492 Posts.

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20/01/18

01:22

Post #: 30431431
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Originally posted by jas626 ↑

no worries, I will say though that VIC projects are more developed and more money has been spent on research on them and they also have the upside of finding Scandium that seems abundant in that region, they also have a very large drill area of over 6000 HA, but then again I think this is reflected in both their respective MC, with VIC being currently almost three times the value of SPQ and having a valuation of almost 6 times that of SPQ.

if you are trying to decide on which one to go for if you have the funds I think both will offer great returns, I hold both currently. I do think VIC will end up getting to there 6 cent valuation, may even exceed it by a fair margin, that will only help SPQ cause as well, but also I think SPQ will see 5 cents before drilling and is a good tangible target imo. SPQ also have the benefit of the rights issue offering a 1 for 4 on shares brought and a 1 for 2 free option on shares taken up.

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Fair enough, I need to do a bit more research on both. Thanks for bringing up VIC. Will post what I find here .
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