Hi Honkynz. I would treat any utterance from Vanadiumcorp with care. That is not to say they that they havnt been working with Elecrochem on a Vanadium extraction prossess enitially at least to try and unlock the vanadium in their lac Dore project. Or that there is a private equity group Ultra Power Systems.
A couple of years back i spent way to many hours reseaching Vanadiumcorp, there history since the commencement of exploration of its Lac Dore prospect in c 1953 and the many attempts to make it commercially viable aa it passed through many hands. That research did cover the VEPT development which was in its infancy back then. I have not spent any time on them of late as i came to some reasonably clear conclusions back then.
It would take sometime to refress my memory as to details, but i can say that IMHO and with care to understate rather than exagerate way that Vanadiumcorp are masterful at marketing and self
promotion but todate little else.
Ask yourself this question, if Vanadiumcorp has a vast untapped vanadium reserve contained in a titanomagnetite resource in North America, and have a proprietary interest in a commerially viable vanadium extraction prosess, then why arnt they focusing on developing their project.
This company treads water and obtains placements while it headlines Vanadium related marketing ploys and does absolutey nothing of substance.
sure one day they might put something together, but a jonny come lately headlining "the development of the first vanadium extraxtion plant in Australia". Come on Australian companies have been indeoendantly working this space for a decade now. Pigs will fly first.
Did you know that in 2014 Vanadiumcorp headlined a revolutionary extraction process that was remakably close to TIVAN itself, possibly was, 6 months later, gone nothing more said. Were you aware that Vanaduimcorp were suspended from trading for an extended period last year dur to non compliance. I take anything that company says and flush it till i see some independant support. Just my opinion.
