Vanadium industry market news, page-73

Just turned on my computer and noticed some shareholders had dumped their stock down to 2.7c. I could not beleive it.
The small end of the market is pretty crappy at the moment and if investors have cash it's an excellent time to take advantage of the current situation.
There is a saying in the share market which reminds me of what we are seeing at the moment.  SELL when everyone wants them and BUY when no one wants them.
Fair to say not many want KRR at the moment. I can appreciate that in the current climate.   BUT to sell at these levels might prove to be  a serious mistake. Not a lot has changed in the KRR story. They still have one of the biggest titanium / vanadium deposits in the world. Not to mention their gold interests. KRR has been blessed with an unique orebody with a very very long mine life.
Throw in it's massive Fluorite resource and you can understand why the share price managed to get to 19c last year.
Management are currently making inroads into reducing it's capex. Recent announcements have highlighted how they plan to do this.

I am not too sure there are many stocks around with a market cap similar to KRR that offer the upside potential that they do. Infact there are plenty going around that haven't even identified a resource that have a greater market cap then KRR. 

Each to their own but I certainly would not be selling mine at these crazy levels.  The stuff in the ground is not going any where.
I believe once they can prove that it can be extracted economically they will have plenty of companies with deep pockets wanting to talk.
When that happens, those that are currently selling will not only wish that they had held them, but might also be disappointed that they did not buy more.


Cheers.