PUR 20.0% 0.2¢ pursuit minerals ltd

Looks vanadium in Scandinavia is the main game now. Koitelainen...

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  1. 961 Posts.
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    Looks vanadium in Scandinavia is the main game now. Koitelainen as principal, Airijoki as expansion I would guess. The soaring vanadium price is too hard to ignore.


    Placement options will be listed, exercise price 10c.


    Immense dilution by this placement - 66% according to the ann. If market form stands up, existing smallholders will have the chance to buy at or below the placement price when the SP inevitably falls to that level.


    Let's hope $2M buys that scoping study. Grade and speed to develop is key now in vanadium. Koitelainen is in the top band of grade, and is sizeable tonnage. The support from the sophs is probably to that end. 

 
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